ars &x; OnlineX C Cost Of Units tMain.do?invoker onlocator-assignment Show Me Ho

Question

ars &x; OnlineX C Cost Of Units tMain.do?invoker onlocator-assignment Show Me How Ca lator Equivalent Units of Production and Related Costs The charges to Work in P y Department for a period, together with information concerning production, are as follows Work in Process-Assembly Department Bal., 2,000 units, 30% completed Direct materials, 47,000 units e $1.7 Direct labor Factory overhead Bal. 2 units, 20% completed To Finished Goods, 46,000 units 79,900 82,800 32,200 Determine the following: a. The number of units in work in process inventory at the end of the perlod. units b. Equlvalent units of 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 Units Equivalent Units Direct Materials Equivalent Unts Conversion Inventory in procemss, beginning Started and completed Transferred to finished goods Inventory in proces, ending Total uns c. Costs per equivalent unit for direct materials and conversion. If required, round your answers to the nearest cent. Costs Per Equivalent Unit Conversion d. Cost of the units started and complieted during the period.

Explanation / Answer

a Units in work in process = 2000+47000-46000 = 3000 b Whole units Equivalent units Direct materials Equivalent units Conversion Inventory in Process, beginning 2000 0 1400 Started and completed 44000 44000 44000 Transferred to finished goods 46000 44000 45400 Inventory in Process, ending 3000 3000 600 Total units 49000 47000 46000 c Direct materials 1.7 =79900/47000 Conversion 2.5 =(82800+32200)/46000 d Cost of units started and completed = 44000*(1.7+2.5)= $184800

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.