a. Determine the number of whole units to be accounted for and to be assigned c for the period. b. Determine the number of equivalent units of production for the period.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Chapter 20 Homework
Appendix
EX 20-24 Equivalent units of production: average cost method
The Converting Department of Tender Soft Tissue Company uses the average cost method
and had 1,900 units in work in process that were 60% complete at the beginning of the
period. During the period, 15,800 units were completed and transferred to the Packing De-
partment. There were 1,200 units in process that were 30% complete at the end of the period.
a. Determine the number of whole units to be accounted for and to be assigned costs
for the period.
b. Determine the number of equivalent units of production for the period.
Transcribed Image Text:Chapter 20 Homework Appendix EX 20-24 Equivalent units of production: average cost method The Converting Department of Tender Soft Tissue Company uses the average cost method and had 1,900 units in work in process that were 60% complete at the beginning of the period. During the period, 15,800 units were completed and transferred to the Packing De- partment. There were 1,200 units in process that were 30% complete at the end of the period. a. Determine the number of whole units to be accounted for and to be assigned costs for the period. b. Determine the number of equivalent units of production for the period.
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