Baden Company has gathered the following information. Units in beginning work in process 0 Units started...

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Accounting

Baden Company has gathered the following information. Units inbeginning work in process 0 Units started into production 43,900Units in ending work in process 8,500 Percent complete in endingwork in process: Conversion costs 40 % Materials 100 % Costsincurred: Direct materials $80,500 Direct labor $68,700 Overhead$103,800

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4.4 Ratings (976 Votes)

Calculation of equivalent units of production
Materials Conversion
Beginning work in Process                   -                      -  
Unit Started in Production    43,900.00     43,900.00
Units in Ending work in Process      8,500.00       8,500.00
No. of units completed and transferred out      35,400.00     35,400.00
Percentage completion 100% 40%
Percentage to Ending Work in Process      8,500.00       3,400.00
Total equivalent units in production      43,900.00     38,800.00

Unit cost of Direct materials= 80,500/43,900

1.83 Per unit

Unit cost of Conversion = (68,700+103,800)/38,800

=4.45 Per unit


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