The assembly department has the following production and cost data for the current month: Beginning Work in Process Units Units Transferred Out Ending Work in Process -0- 43,770 Equivalent units 33,200 Direct materials are entered at the beginning of the process. The ending work in process units are 52% complete as to conversion costs. Calculate the equivalent units of production for direct materials and conversion costs. Direct Materials Conversion Costs

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The assembly department has the following production and cost data for the current month:
Beginning Work in Process Units
Units Transferred Out
Ending Work in Process
-0-
43,770
Equivalent units
33,200
Direct materials are entered at the beginning of the process. The ending work in process units are 52% complete as to conversion
costs.
Calculate the equivalent units of production for direct materials and conversion costs.
Direct Materials
Conversion Costs
Transcribed Image Text:The assembly department has the following production and cost data for the current month: Beginning Work in Process Units Units Transferred Out Ending Work in Process -0- 43,770 Equivalent units 33,200 Direct materials are entered at the beginning of the process. The ending work in process units are 52% complete as to conversion costs. Calculate the equivalent units of production for direct materials and conversion costs. Direct Materials Conversion Costs
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