During the period, the mixing department completed 500 units and transferred then out to the baking...

Free

90.2K

Verified Solution

Question

Accounting

During the period, the mixing department completed 500 units andtransferred then out to the baking department. at the end of theperiod there were 4000.00 units that are 40% complete as to directmaterial in the mixing department. the equivalent units ofproduction for direct materials equal

Answer & Explanation Solved by verified expert
4.2 Ratings (898 Votes)

Equivalent units for material = 2,100 units

Working

Please leave a comment in case of any confusion or query.

Statement of Equivalent Units(Weighted average)
Material
Units Complete % Equivalent units
Transferred out                          500 100%                          500
Ending WIP                      4,000 40%                       1,600
Total                      4,500 Total                       2,100

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students