Oh My Heart, Co. is a manufacturer that uses a process costing system and the...
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Oh My Heart, Co. is a manufacturer that uses a process costing system and the weighted average method to calculate costs. The following information is available for the current period for the firms Cutting department:
Units:
Beginning WIP inventory (100% complete as to materials and 55% complete as to conversion costs)
75,000
Units started during the current period
141,000
Units completed and transferred out to the next department during the period
120,000
Ending WIP inventory (80% complete as to materials and 50% complete as to conversion costs)
96,000
Costs:
Beginning WIP inventory, direct materials costs
$35,000
Beginning WIP inventory, conversion costs
$43,500
Direct materials costs incurred during the current period
$177,500
Conversion costs incurred during the current period
$318,900
Calculate the equivalent units of production (EUP) with respect to direct materials.
a. 172,800
b. 196,800
c. 140,400
d. 216,000
e. 168,000
Oh My Heart, Co. is a manufacturer that uses a process costing system and the weighted average method to calculate costs. The following information is available for the current period for the firms Cutting department:
| Units: |
|
| Beginning WIP inventory (100% complete as to materials and 55% complete as to conversion costs) | 75,000 |
| Units started during the current period | 141,000 |
| Units completed and transferred out to the next department during the period | 120,000 |
| Ending WIP inventory (80% complete as to materials and 50% complete as to conversion costs) | 96,000 |
| Costs: |
|
| Beginning WIP inventory, direct materials costs | $35,000 |
| Beginning WIP inventory, conversion costs | $43,500 |
| Direct materials costs incurred during the current period | $177,500 |
| Conversion costs incurred during the current period | $318,900 |
Calculate the equivalent units of production (EUP) with respect to direct materials.
| a. | 172,800 | |
| b. | 196,800 | |
| c. | 140,400 | |
| d. | 216,000 | |
| e. | 168,000 |
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