Nonuniform Inputs, Equivalent Units Terry Linens Inc. manufactures bed and bath linens. The bath linens department sews terry cloth into towels of various sizes. Terry uses the weighted average method. All materials are added at the beginning of the process. The following data are for the bath linens department for August: Line Item Description Units Production: Units in process, August 1, 25% complete* 35,000 Units completed and transferred out 77,000 Units in process, August 31, 72% complete* 45,500 * With respect to conversion costs. Required: Calculate equivalent units of production for the bath linens department for August. Line Item Description Units Materials fill in the blank 1 equivalent units of production Conversion fill in the blank 2 equivalent units of production
Nonuniform Inputs, Equivalent Units Terry Linens Inc. manufactures bed and bath linens. The bath linens department sews terry cloth into towels of various sizes. Terry uses the weighted average method. All materials are added at the beginning of the process. The following data are for the bath linens department for August: Line Item Description Units Production: Units in process, August 1, 25% complete* 35,000 Units completed and transferred out 77,000 Units in process, August 31, 72% complete* 45,500 * With respect to conversion costs. Required: Calculate equivalent units of production for the bath linens department for August. Line Item Description Units Materials fill in the blank 1 equivalent units of production Conversion fill in the blank 2 equivalent units of production
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter6: Process Costing
Section: Chapter Questions
Problem 16E: Heap Company manufactures a product that passes through two processes: Fabrication and Assembly. The...
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Question
Nonuniform Inputs, Equivalent Units
Terry Linens Inc. manufactures bed and bath linens. The bath linens department sews terry cloth into towels of various sizes. Terry uses the weighted average method. All materials are added at the beginning of the process. The following data are for the bath linens department for August:
Line Item Description | Units |
---|---|
Production: | |
Units in process, August 1, 25% complete* | 35,000 |
Units completed and transferred out | 77,000 |
Units in process, August 31, 72% complete* | 45,500 |
* With respect to conversion costs.
Required:
Calculate equivalent units of production for the bath linens department for August.
Line Item Description | Units |
---|---|
Materials | fill in the blank 1 equivalent units of production |
Conversion | fill in the blank 2 equivalent units of production |
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