a. Determine the number of units in work in process inventory at August 31.
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 14E: Cost per equivalent unit The following information concerns production in the Forging Department for...
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![The following information concerns production in the Baking Department for August. All direct materials are placed in process at the beginning of production.
ACCOUNT Work in Process-Baking Department
ACCOUNT NO.
Balance Balance
Date
Item
Debit
Credit Debit Credit
August 1 Bal., 4,500 units, 3/5 completed
7,200
31 Direct materials, 81,000 units
162,000
169,200
31 Direct labor
31 Factory overhead
46,550
26,188
215,750
241,938
31 Goods finished, 82,200 units
234,150
7,788
31 Bal., ? units, 2/5 completed
7,788
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".
Baking Department
Equivalent Units of Production for Direct Materials and Conversion Costs
For August
Equivalent Units
Line Item Description
Whole Units
Equivalent
Direct Materials Units Conversion
Inventory in process, August 1
Started and completed in August
Transferred to finished goods in August
Inventory in process, August 31
Total](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F222840ef-5b41-4b87-9eeb-a00aafc7c939%2F7cc9c871-efa1-4e40-a335-90cba14ff0fb%2F8yon1sj_processed.png&w=3840&q=75)
Transcribed Image Text:The following information concerns production in the Baking Department for August. All direct materials are placed in process at the beginning of production.
ACCOUNT Work in Process-Baking Department
ACCOUNT NO.
Balance Balance
Date
Item
Debit
Credit Debit Credit
August 1 Bal., 4,500 units, 3/5 completed
7,200
31 Direct materials, 81,000 units
162,000
169,200
31 Direct labor
31 Factory overhead
46,550
26,188
215,750
241,938
31 Goods finished, 82,200 units
234,150
7,788
31 Bal., ? units, 2/5 completed
7,788
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".
Baking Department
Equivalent Units of Production for Direct Materials and Conversion Costs
For August
Equivalent Units
Line Item Description
Whole Units
Equivalent
Direct Materials Units Conversion
Inventory in process, August 1
Started and completed in August
Transferred to finished goods in August
Inventory in process, August 31
Total
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