Equivalent Units of Production The Converting Department of Soft Touch Towel and

Question

Equivalent Units of Production The Converting Department of Soft Touch Towel and Tissue Company had 840 units in work in process at the beginning of the period, which were 60% complete. During the period, 17,600 units were completed and transferred to the Packing Department. There were 960 units in process at the end of the period, which were 75% complete. Direct materials are placed into the process at the beginning of production. Soft Touch Towel and Tissue Company Number of Equivalent Units of Production Direct Materials Equivalent Units Conversion Equivalent Units Whole Units Inventory in process Beginning Started and Completed Transferred to Packing Department Inventory in process, ending Total

Explanation / Answer

Answer:-

Soft Touch Towel and Tissue Company Statment of Equivalent Production units Under Weighted Average Cost Method Particluars Input Units Particulars Output Units Equivalent Production % Direct Material % Conversion Costs Opening Work in process 840 Units completed (Transferred to packing department) 17600 100 17600 100 17600 Units introduced 17720 Closing work in process 960 75 720 75 720 Total 18560 18560 18320 18320

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