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ACCOUNT Work in ProcessBaking Department ACCOUNT NO. ...

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Accounting

  1. ACCOUNT Work in ProcessBaking Department
  1. ACCOUNT NO.
  1. Date
  1. Item
  1. Debit
  1. Credit
  1. Balance
  1. Debit
  1. Credit
  1. Dec.
  1. 1
  1. Bal., 24,000 units, 34 completed
  1. 116,700
  1. 31
  1. Direct materials, 134,000 units
  1. 234,500
  1. 351,200
  1. 31
  1. Direct labor
  1. 150,000
  1. 501,200
  1. 31
  1. Factory overhead
  1. 375,000
  1. 876,200
  1. 31
  1. Goods finished, 128,000 units
  1. 760,700
  1. 115,500
  1. 31
  1. Bal., ? units, 12 completed
  1. 115,500

  1. a. Determine the number of units in work in process inventory at December 31. units

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  2. b. Determine the equivalent units of production for direct materials and conversion costs in December. If an amount is zero, enter in "0".

    Baking Department
    Equivalent Units of Production for Direct Materials and Conversion Costs
    For December
    Whole Units Equivalent Units Direct Materials Equivalent Units Conversion
    Inventory in process, December 1
    Started and completed in December
    Transferred to finished goods in December
    Inventory in process, December 31
    Total

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  1. ACCOUNT Work in ProcessBaking Department
  1. ACCOUNT NO.
  1. Date
  1. Item
  1. Debit
  1. Credit
  1. Balance
  1. Debit
  1. Credit
  1. Dec.
  1. 1
  1. Bal., 24,000 units, 34 completed
  1. 116,700
  1. 31
  1. Direct materials, 134,000 units
  1. 234,500
  1. 351,200
  1. 31
  1. Direct labor
  1. 150,000
  1. 501,200
  1. 31
  1. Factory overhead
  1. 375,000
  1. 876,200
  1. 31
  1. Goods finished, 128,000 units
  1. 760,700
  1. 115,500
  1. 31
  1. Bal., ? units, 12 completed
  1. 115,500

  1. a. Determine the number of units in work in process inventory at December 31. units

    Feedback

  2. b. Determine the equivalent units of production for direct materials and conversion costs in December. If an amount is zero, enter in "0".

    Baking Department
    Equivalent Units of Production for Direct Materials and Conversion Costs
    For December
    Whole Units Equivalent Units Direct Materials Equivalent Units Conversion
    Inventory in process, December 1
    Started and completed in December
    Transferred to finished goods in December
    Inventory in process, December 31
    Total

    Feedback

  3. Feedback

  9. Loading item

There was an error loading this item. If this continues to occur, please contact Technical Support.

Check My Work

  • Previous
  • Next
  • 100% Correct
  • Partially Correct
  • Incorrect
  • Needs Instructor Grading

Basic Calculatorclose

0

UseEntBSBSpCEHomCEnd

789+

456-

123*

0.

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