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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