Required information [The following information applies to the questions display

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Required information [The following information applies to the questions displayed below. During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 60,000 were in process in the production department at the beginning of April and 240,000 were started and completed in April. April's beginning inventory units were 60% complete with respect to materials and 40% complete with respect to conversion. At the end of April, 82,000 additional units were in process in the production department and were 80% complete with respect to materials and 30% complete with respect to conversion. 1. Compute the number of units transferred to finished goods. 2. Compute the number of equivalent units with respect to both materials used and conversion used in the production department for April using the weighted-average method. Complete this question by entering your answers in the tabs below Required 1 Required 2 conversion used in the production department for April using of equivalent units with respect to both materials used and Compute the n the weighted-average method. Equivalent Units of Production-Weighted Average EUP- Units % Materials EUP-Materials % Conversion Equivalent units of production Required 1 Required 2

Explanation / Answer

Units in beginning inventory

60000

Units started and completed

240000

Total unit transferred to finished goods

300000

2.

Equivalent units of production

Direct material

Direct labor

Units completed & transferred out (300000 x 100%)

300000

300000

Units of ending goods in process

Direct materials (82000 x 80%)

65600

Direct labor (82000 x 30%)

24600

Direct labor (82000 x 30%)

365600

324600

Units in beginning inventory

60000

Units started and completed

240000

Total unit transferred to finished goods

300000

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