The assembly department has the following production and cost data for the current month. Beginning Work in Process Inventory Units Completed and Transferred Out Ending Work in Process Inventory 22,100 16,000 Materials are entered at the beginning of the process. The ending work in process inventory units are 80% complete as to conversion costs.

FINANCIAL ACCOUNTING
10th Edition
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 Units Completed and
Process Inventory
Ending Work in
Transferred Out
Process Inventory
22,100
16.000
Materials are entered at the beginning of the process. The ending work in process inventory units are 80% complete as to conversion
costs.
Calculate the equivalent units of production for materials and conversion costs.
Direct Materials
Conversion costs
Total equivalent units
Transcribed Image Text:The assembly department has the following production and cost data for the current month. Beginning Work in Units Completed and Process Inventory Ending Work in Transferred Out Process Inventory 22,100 16.000 Materials are entered at the beginning of the process. The ending work in process inventory units are 80% complete as to conversion costs. Calculate the equivalent units of production for materials and conversion costs. Direct Materials Conversion costs Total equivalent units
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