Equivalent Units of Production: Average Cost Method The Converting Department of Osaka Napkin Company uses the average cost method and had 3,800 units in work in process that were 80% complete at the beginning of the period. During the period, 47,900 units were completed and transferred to the Packing Department. There were 2,100 units in process that were 20% 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. 39,610 X units b. Determine the number of equivalent units of production for the period. 40,800 X units
Equivalent Units of Production: Average Cost Method The Converting Department of Osaka Napkin Company uses the average cost method and had 3,800 units in work in process that were 80% complete at the beginning of the period. During the period, 47,900 units were completed and transferred to the Packing Department. There were 2,100 units in process that were 20% 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. 39,610 X units b. Determine the number of equivalent units of production for the period. 40,800 X units
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Equivalent Units of Production: Average Cost Method
The Converting Department of Osaka Napkin Company uses the average cost method and had 3,800 units in work in process that were 80% complete at the beginning of
the period. During the period, 47,900 units were completed and transferred to the Packing Department. There were 2,100 units in process that were 20% 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.
39,610 X units
b. Determine the number of equivalent units of production for the period.
40,800 X units
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