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View History Bookmarks Window Help Amazon.com Home I WINGS. University Googie Pilot Apple Bing Google Yahoo ent Connecr Connect ect Assignment 6 Help Save&Exit; S Check my we 0 Required informatiorn 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 ence April using the weighted-average method Complete this question by entering your answers in the tabs below Required 3 Required 2 Compute the number of units transferred to finished goods.

Explanation / Answer

1) UNITS IN BEGINNING INVENTORY = 60,000 UNITS

UNITS STARTED AND COMPLETED = 240,000 UNITS

TOTAL UNITS TRANSFERRED TO FINISHED GOODS = (60,000+240,000)UNITS = 300,000 UNITS

2)

EQUIVALENT UNITS OF PRODUCTION-WEIGHTED AVERAGE UNITS %MATERIALS EUP-MATERIALS %CONVERSION EUP-CONVERSION UNITS COMPLETED AND TRANSFERRED OUT 300,000 100 300,000 100 300,000 UNITS OF ENDING GOODS IN PROCESS 82000 80 65,600 30 24,600 EQUIVALENT UNITS OF PRODUCTION 365,600 324,600

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