e Converting Department of Worley Company had aring the period, 12,400 units were completed and =riod, which were 30% complete. Direct materials a etermine the number of equivalent units of producti Worley Compar Number of Equivalent Units Whole Units

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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**Equivalent Units of Production**

The Converting Department of Worley Company had 600 units in work in process at the beginning of the period, which were 25% complete. During the period, 12,400 units were completed and transferred to the Packing Department. There were 680 units in process at the end of the period, which were 30% complete. Direct materials are placed into the process at the beginning of production.

Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount is zero, enter in "0":

**Worley Company  
Number of Equivalent Units of Production**

|                                  | Whole Units | Direct Materials Equivalent Units | Conversion Equivalent Units |
|----------------------------------|-------------|----------------------------------|-----------------------------|
| Inventory in process, beginning  |             |                                  |                             |
| Started and completed            |             |                                  |                             |
| Transferred to Packing Department|             |                                  |                             |
| Inventory in process, ending     |             |                                  |                             |
| Total                            |             |                                  |                             |

This table is intended to record calculations related to the production process in terms of unit completion for accounting and cost management purposes.
Transcribed Image Text:**Equivalent Units of Production** The Converting Department of Worley Company had 600 units in work in process at the beginning of the period, which were 25% complete. During the period, 12,400 units were completed and transferred to the Packing Department. There were 680 units in process at the end of the period, which were 30% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount is zero, enter in "0": **Worley Company Number of Equivalent Units of Production** | | Whole Units | Direct Materials Equivalent Units | Conversion Equivalent Units | |----------------------------------|-------------|----------------------------------|-----------------------------| | Inventory in process, beginning | | | | | Started and completed | | | | | Transferred to Packing Department| | | | | Inventory in process, ending | | | | | Total | | | | This table is intended to record calculations related to the production process in terms of unit completion for accounting and cost management purposes.
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