Homework: Chapter 18 Homework Save Score: 0 of 1 pt 1 of 5 (0 complete) HW Score

Question

Homework: Chapter 18 Homework Save Score: 0 of 1 pt 1 of 5 (0 complete) HW Score: 096, 0015 pts S18-11 (similar to) E Question Help The Packaging Department started the month with 800 units in process, received 1,400 units from the Finishing Department, and transferred 1,700 units to Finished Goods. Direct materials are added at the beginning of the process and conversion costs are incurred evenly. The units still in process at the end of the month are 55% complete for conversion costs. Calculate the number of units still in process at the end of the month and the equivalent units of production. The company uses the weighted-average method. Production Cost Report - Packaging Department Equivalent Units Physical Transferred Direct Conversion UNITS Units In Materials Costs Units to account for Total units to account for Units accounted for: Total units accounted for

Explanation / Answer

Dear Student Thank you for using Chegg Please find below the answer Production Cost report - Packaging department UNITS Physical Units Transferred in Direct Materials Conversion Costs Units to account for : Opening WIP                       800.00 Units Transferred in                     1,400.00 Total Units to account for                   2,200.00 Units accounted for :   Units completed and Transferred Out                   1,700.00 100%                    1,700.00                       1,700.00 Ending WIP                       500.00 100% and 55%                       500.00                           275.00 Total units accounted for                     2,200.00                    2,200.00                       1,975.00

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