The following data are for four independent process-costing departments. Inputs are added continuously. A B C D Beginning inventory 8,000 3,000 — 48,000 Percent completion 40% 80% — 70% Units started 28,000 22,000 45,000 33,000 Ending inventory 7,000 — 8,000 13,000 Percent completion 30% — 20% 30% Required: Compute the equivalent units of production for each of the preceding departments using the weighted average method. Equivalent Units Department A fill in the blank 1 Department B fill in the blank 2 Department C fill in the blank 3 Department D fill in the blank 4
The following data are for four independent process-costing departments. Inputs are added continuously. A B C D Beginning inventory 8,000 3,000 — 48,000 Percent completion 40% 80% — 70% Units started 28,000 22,000 45,000 33,000 Ending inventory 7,000 — 8,000 13,000 Percent completion 30% — 20% 30% Required: Compute the equivalent units of production for each of the preceding departments using the weighted average method. Equivalent Units Department A fill in the blank 1 Department B fill in the blank 2 Department C fill in the blank 3 Department D fill in the blank 4
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Equivalent Units: Weighted Average Method
The following data are for four independent process-costing departments. Inputs are added continuously.
| A | B | C | D | |
| Beginning inventory | 8,000 | 3,000 | — | 48,000 |
| Percent completion | 40% | 80% | — | 70% |
| Units started | 28,000 | 22,000 | 45,000 | 33,000 |
| Ending inventory | 7,000 | — | 8,000 | 13,000 |
| Percent completion | 30% | — | 20% | 30% |
Required:
Compute the equivalent units of production for each of the preceding departments using the weighted average method.
| Equivalent Units | |
| Department A | fill in the blank 1 |
| Department B | fill in the blank 2 |
| Department C | fill in the blank 3 |
| Department D | fill in the blank 4 |
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