Help please Equivalent Units of Production 7. The following information concerns

Question

Help please Equivalent Units of Production 7. The following information concerns production in the Baking Department for May, All drect materials are placed in process at the beginning of production ACCOUNT NO. Debit Credit May. 1 Bal., 4,500 units, 4/5 completed 31 Direct materials, 81,000 units 31 Direct labor 31 Factory overhead 31 Goods finished, 82,200 units 31 Bal. ? units, 4/5 completed 2,520 115,920 147,120 164,664 158,460 6,204 113,400 31,200 17,544 a. Determine the number of units in work in process inventory at the end of the month. units Hide conversion costs in May. If an amount is zero, enter in o b. Determine the equivalent units of production for direct materials and conversion costs in Search the web and

Explanation / Answer

Answer:a 3300 units

=81000+4500-82200=3300

Answer:b

Equivalent units of Production for direct material and conversion costs For may Whole units Eq units direct material Eq units conversion costs Inventory in process, May 1 4500 0 0 Started and completed in may 77700 Transferred to finished goods in may 82200 82200 82200 Inventory in process, May 31 3300 2640 2640 Total 85500 84840 84840

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