Equivalent Units of Production and Related Costs The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process-Assembly Department Bal., 5,000 units, 70% completed Direct materials, 118,000 units @ $1.60 Direct labor Factory overhead Bal., 2 units, 40% completed 19,550 To Finished Goods, 115,000 units 188,800 297,300 115,620 Determine the following: a. The number of units in work in process inventory at the end of the period. ?

Equivalent Units of Production and Related Costs The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process-Assembly Department Bal., 5,000 units, 70% completed Direct materials, 118,000 units @ $1.60 Direct labor Factory overhead Bal., 2 units, 40% completed 19,550 To Finished Goods, 115,000 units 188,800 297,300 115,620 Determine the following: a. The number of units in work in process inventory at the end of the period. ?

Name: c. Costs per equivalent unit for direct materials and conversion. If
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Description: c. Costs per equivalent unit for direct materials and conversion. If required, round your answers to the nearest cent.Costs Per Equivalent UnitDirect MaterialsConversion$d. Cost of the units started and completed during the period. Equivalent Units

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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