Equivalent Units of Production The Converting Department of Hopkinsville Company
ID: 2336017 • Letter: E
Question
Equivalent Units of Production
The Converting Department of Hopkinsville Company had 1,120 units in work in process at the beginning of the period, which were 30% complete. During the period, 23,600 units were completed and transferred to the Packing Department. There were 1,240 units in process at the end of the period, which were 25% complete. Direct materials are placed into the process at the beginning of production.
Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount is zero, enter in "0".
Hopkinsville Company Number of Equivalent Units of Production Whole Units Direct Materials Equivalent Units Conversion Equivalent Units Inventory in process, beginning Started and completed Transferred to Packing Department Inventory in process, ending TotalExplanation / Answer
Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount is zero, enter in "0".
Weighted average method :
Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount is zero, enter in "0".
FIFO method :
Hopkinsville Company Number of Equivalent Units of Production Whole Units Direct Materials Equivalent Units Conversion Equivalent Units Inventory in process, beginning 1120 1120 1120 Started and completed 22480 22480 22480 Transferred to Packing Department 23600 23600 23600 Inventory in process, ending 1240 1240*100% = 1240 1240*25% = 310 Total 24840 24840 23910Related Questions
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