The information below pertains to July production at Padro ?Company\'s paint? fa
ID: 2533258 • Letter: T
Question
The information below pertains to July production at Padro ?Company's paint? factory, which produces paints for household? interiors:
Gallons Materials Conversion
Work in process, July 1 4,000 40% complete 10% complete
Started in July 3,600
To account for 7,600
Completed and transferred out 6,200 100% complete 100% complete
Work in process, July 31 1,400 30% complete 20% complete
Accounted for 7,600
Requirement
Using the? weighted-average method, determine the number of equivalent units of production for materials and conversion during July
Equivalent Units
Physical
Physical Flow Units Materials Conversion
Work in process, July 1 4,000
Started in July 3,600
To account for 7,600
Completed and transferred out 6,200 ________ _________
Work in process, July 31 1,400 ________ _________
Accounted for 7,600
Work done this period ________ ________
Explanation / Answer
Physical units Materials Conversion Work in process, July 1 4000 Started in July 3600 To account for 7600 Completed and transferred out 6200 6200 6200 Work in process, July 31 1400 420 280 Accounted for 7600 Work done this period 6620 6480
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