in process at the beginning of production.ACCOUNT Work in Process-Baking DepartmentDateItemAugust 1 Bal., 7,800 units, 4/5 completed31 Direct materials, 140,400 units31 Direct labor31 Factory overhead31 Goods finished, 142,200 units31 Bal., ? units, 4/5 completedTotalDebit182,52054,05030,406Line Item DescriptionInventory in process, August 1Started and completed in AugustTransferred to finished goods in AugustInventory in process, August 31CreditACCOUNT NO.a. Determine the number of units in work in process inventory at August 31.units260,352b. Determine the equivalent units of production for direct materials and conversion costs in August. If an amount iszero, enter in "0".Whole UnitsBalance BalanceDebitCredit4,056186,576240,626271,03210,68010,680Baking DepartmentEquivalent Units of Production for Direct Materials and Conversion CostsFor AugustEquivalent Units EquivalentDirect Materials Units Conversion

The number of incomplete units divided by their state of completion yields the equivalent number of…

a. Determine the number of units in work in process inventory at August 31. units b. Determine the equivalent units of production for direct materials and conversion costs in August. If an amount is zero, enter in "0".

a. Determine the number of units in work in process inventory at August 31. units b. Determine the equivalent units of production for direct materials and conversion costs in August. If an amount is zero, enter in "0".

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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What is the balance work in process inventory at the end of the month
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