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Assignment 1: Assume all materials go into production at the beginning of the process. There...

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Accounting

Assignment 1: Assume all materials go into production at the beginning of the process. There is no beginning inventory. There were 2000 units started in process. There were 500 units finished. Ending WIP is 1000 units, 60% completed. Required: Compute equivalent units for materials. Assignment 2: Refer to Assignment 1. Compute equivalent units of production for labor and overhead. Assignment 3: Assume that all materials go into production at the end of the process. Beginning WIP is 4000 units, 50% complete. 30,000 units were started in process. 28,000 units were finished. Ending WIP is 5000 units, 20% complete. Required: Compute equivalent units of production for materials. Assignment 4: Refer to Assignment 3. Compute equivalent units of production for labor and overhead.

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