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he charges to Work in Process—Assembly Department for a period, together with information concerning production, are...

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Accounting

he 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., 5,000 units, 45% completed15,050To Finished Goods, 115,000 units
Direct materials, 118,000 units @ $1.3153,400
Direct labor337,600
Factory overhead131,235
Bal. ? units, 20% completed?

Determine the following:

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

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 UnitsEquivalent Units Direct MaterialsEquivalent 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.

Answer & Explanation Solved by verified expert
4.1 Ratings (501 Votes)
a The number of units in work in processinventory at the end of the periodb Equivalent units of production for    See Answer
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