Glumhoff\'s Packaging Department had the following information at August 31. All
ID: 2331038 • Letter: G
Question
Glumhoff's Packaging Department had the following information at August 31. All direct materials are added at the end of the conversion process. The units in ending work in process inventory were only 34% of the way through the conversion process.
Requirement
Complete the schedule by computing the total equivalent units of direct materials and conversion costs for the month.
Equivalent Units
Physical
Direct
Conversion
Units
Materials
Costs
Units accounted for:
Completed and transferred out
120,000
Ending work in process, August 31
35,000
Total physical units accounted for:
155,000
Total equivalent units
Equivalent Units
Physical
Direct
Conversion
Units
Materials
Costs
Units accounted for:
Completed and transferred out
120,000
Ending work in process, August 31
35,000
Total physical units accounted for:
155,000
Total equivalent units
Explanation / Answer
Equivalent Units Physical units Direct materials Conversion costs Units accounted for: Completed and transferred out 120,000 120,000 120,000 Ending work in process, August 31 35,000 0 11,900 Total physical units accounted for: 155,000 Total equivalent units 120,000 131,900
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.