Prepare the production department's equivalent units of production for direct materials under each of the following three separate assumptions using the weighted average method for process costing. The first production department in a process manufacturing system reports the following unit data. Beginning work in process inventory Units started and completed 28, 800 units 43, 200 units 72,000 units 17,100 units Units completed and transferred out Ending work in process inventory Equivalent Units of Production (EUP)-Weighted Average Method 1. All direct materials are added to products when processing begins. Total Total Units Units Direct Materials. 2. Beginning inventory is 30% complete as to direct materials costs. Ending inventory is 70% complete as to direct materials costs. Percent Complete Units EUP Direct Materials Percent Complete 3. Beginning inventory is 60% complete as to direct materials costs. Ending inventory is 30% complete as to direct materials costs. EUP Percent Complete Direct Materials EUP

Prepare the production department's equivalent units of production for direct materials under each of the following three separate assumptions using the weighted average method for process costing. The first production department in a process manufacturing system reports the following unit data. Beginning work in process inventory Units started and completed 28, 800 units 43, 200 units 72,000 units 17,100 units Units completed and transferred out Ending work in process inventory Equivalent Units of Production (EUP)-Weighted Average Method 1. All direct materials are added to products when processing begins. Total Total Units Units Direct Materials. 2. Beginning inventory is 30% complete as to direct materials costs. Ending inventory is 70% complete as to direct materials costs. Percent Complete Units EUP Direct Materials Percent Complete 3. Beginning inventory is 60% complete as to direct materials costs. Ending inventory is 30% complete as to direct materials costs. EUP Percent Complete Direct Materials EUP

Name: 33 2. Beginning inventory is 30% complete as to direct materials costs
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Description: 33 2. Beginning inventory is 30% complete as to direct materials costs. Ending inventory is 70%complete as to direct materials costs.TotalUnitsTotalDirect MaterialsUnitsPercentComplete3. Beginning inventory is 60% complete as to direct materials cost

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 12E: a. Based on the data in Exercise 17-11, determine the following: 1. Cost of beginning work in...

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