Equivalent Units of Production and Related Costs The charges to Work in ProcessAssembly Department for...

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Accounting

Equivalent Units of Production and Related Costs The charges to Work in ProcessAssembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production.

Work in Process-Assembly Department
Bal., 7,000 units, 30% completed 17,080 To Finished Goods, 161,000 units ?
Direct materials, 165,000 units @ $1.3 214,500
Direct labor 486,900
Factory overhead 189,395
Bal. ? units, 55% completed ?

Determine the following:

a. The number of units in work in process inventory at the end of the period. fill in the blank 067fe200505e002_1 units

b. Equivalent units of production for direct materials and conversion. If an amount is zero or a blank, enter in "0".

Work in Process-Assembly Department
Equivalent Units of Production for Direct Materials and Conversion Costs
Whole Units Equivalent Units Direct Materials Equivalent Units Conversion
Inventory in process, beginning fill in the blank cda5a20c5fe1058_1 fill in the blank cda5a20c5fe1058_2 fill in the blank cda5a20c5fe1058_3
Started and completed fill in the blank cda5a20c5fe1058_4 fill in the blank cda5a20c5fe1058_5 fill in the blank cda5a20c5fe1058_6
Transferred to finished goods fill in the blank cda5a20c5fe1058_7 fill in the blank cda5a20c5fe1058_8 fill in the blank cda5a20c5fe1058_9
Inventory in process, ending fill in the blank cda5a20c5fe1058_10 fill in the blank cda5a20c5fe1058_11 fill in the blank cda5a20c5fe1058_12
Total units fill in the blank cda5a20c5fe1058_13 fill in the blank cda5a20c5fe1058_14 fill in the blank cda5a20c5fe1058_15

c. Costs per equivalent unit for direct materials and conversion. If required, round your answers to the nearest cent.

Costs Per Equivalent Unit
Direct Materials $fill in the blank b9fecffd505401c_1
Conversion $fill in the blank b9fecffd505401c_2

d. Cost of the units started and completed during the period. $fill in the blank b9fecffd505401c_3

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