In process costing, if ending inventory in the distilling department's WIP consists of 6,000 units which are 100% complete for direct materials, and 40% complete for both direct labor and overhead, then what are the number of Equivalent Units ("EU's") for direct materials, direct labor, and overhead? a. Direct Materials = 6,000 EU; Direct Labor = 2,400 EU; Overhead = 2,400 EU b. Direct Materials = 2,400 EU; Direct Labor = 2,400 EU; Overhead = 2,400 EU c. Direct Materials = 6,000 EU; Direct Labor = 6,000 EU; Overhead = 6,000 EU d. Direct Materials = 6,000 EU; Direct Labor = 2,400 EU; Overhead = 6,000 EU

Principles of Accounting Volume 2
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ISBN:9781947172609
Author:OpenStax
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Chapter5: Process Costing
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Problem 1PB: The following product costs are available for Stellis Company on the production of erasers: direct...
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In process costing, if ending inventory in the distilling department's WIP consists
of 6,000 units which are 100% complete for direct materials, and 40% complete
for both direct labor and overhead, then what are the number of Equivalent
Units ("EU's") for direct materials, direct labor, and overhead?
a. Direct Materials = 6,000 EU; Direct Labor = 2,400 EU; Overhead = 2,400 EU
b. Direct Materials = 2,400 EU; Direct Labor = 2,400 EU; Overhead = 2,400 EU
c. Direct Materials = 6,000 EU; Direct Labor = 6,000 EU; Overhead = 6,000 EU
d. Direct Materials = 6,000 EU; Direct Labor = 2,400 EU; Overhead = 6,000 EU
Transcribed Image Text:In process costing, if ending inventory in the distilling department's WIP consists of 6,000 units which are 100% complete for direct materials, and 40% complete for both direct labor and overhead, then what are the number of Equivalent Units ("EU's") for direct materials, direct labor, and overhead? a. Direct Materials = 6,000 EU; Direct Labor = 2,400 EU; Overhead = 2,400 EU b. Direct Materials = 2,400 EU; Direct Labor = 2,400 EU; Overhead = 2,400 EU c. Direct Materials = 6,000 EU; Direct Labor = 6,000 EU; Overhead = 6,000 EU d. Direct Materials = 6,000 EU; Direct Labor = 2,400 EU; Overhead = 6,000 EU
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