The Assembly Department of Riverside Manufacturing had 300 units in work in process at the beginning of the period, which were 60% complete. During the period, 8,400 units were completed and transferred to the Finishing Department. There were 500 units in process at the end of the period, which were 30% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs.
The Assembly Department of Riverside Manufacturing had 300 units in work in process at the beginning of the period, which were 60% complete. During the period, 8,400 units were completed and transferred to the Finishing Department. There were 500 units in process at the end of the period, which were 30% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs.
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 5E: The Converting Department of Worley Company had 2,400 units in work in process at the beginning of...
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
Transcribed Image Text:The Assembly Department of Riverside Manufacturing had 300 units in work in
process at the beginning of the period, which were 60% complete. During the
period, 8,400 units were completed and transferred to the Finishing Department.
There were 500 units in process at the end of the period, which were 30%
complete. Direct materials are placed into the process at the beginning of
production.
Determine the number of equivalent units of production with respect to direct
materials and conversion costs.
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