The charges to Work in ProcessAssembly Department for a period, together with information concerning production,...

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Accounting

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, 70% completed 23,030 To Finished Goods, 161,000 units ?
Direct materials, 165,000 units @ $2.10 346,500
Direct labor 205,900
Factory overhead 80,030
Bal., ? units, 25% completed ?

Determine the following:

a. The number of units in work in process inventory at the end of the period. 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
Started and completed
Transferred to finished goods
Inventory in process, ending
Total units

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
Conversion

d. Cost of the units started and completed during the period.

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Equivalent Units 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 of production. Work in Process-Assembly Department Bal., 7,000 units, 70% completed 23,030 To Finished Goods, 161,000 units Direct materials, 165,000 units @ 346,500 $2.10 Direct labor 205,9001 Factory overhead 80,030 Bal., 2 units, 25% completed Determine the following: a. The number of units in work in process inventory at the end of the period. units b. Equivalent units production for direct materials and conversion. If an amount is zero or a blank, enter in "O". Work in Process-Assembly Department Equivalent Units of Production for Direct Materials and conversion Costs Whole Equivalent Units Equivalent Units Units Direct Materials Conversion Inventory in process, beginning Started and completed Transferred to finished goods Inventory in process, ending Total units 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 Conversion d. Cost of the units started and completed during the period

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