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Equivalent Units of Production and Related Costs The charges to Work in Process—Assembly Department for a...

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Accounting

Equivalent Units of Production and Related Costs

The charges to Work in Process—Assembly Department for a period,together with information concerning production, are as follows.All direct materials are placed in process at the beginning ofproduction.

Work in Process-Assembly Department
Bal., 8,000 units, 65% completed31,880To Finished Goods, 184,000 units?
Direct materials, 188,000 units @ $2.10394,800
Direct labor404,400
Factory overhead157,320
Bal., ? units, 20% completed?

Determine the following:

a. The number of units in work in processinventory at the end of the period.
units

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

Work in Process-Assembly Department
Equivalent Units of Production for Direct Materialsand Conversion Costs
Whole
Units		Equivalent Units
Direct Materials		Equivalent Units
Conversion
Inventory in process, beginning
Started and completed
Transferred to finished goods
Inventory in process, ending
Total units

c. Costs per equivalent unit for directmaterials and conversion. If required, round your answers to thenearest cent.

Costs Per Equivalent Unit
Direct Materials$
Conversion$

d. Cost of the units started and completedduring the period.
$

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