The Kirkland Department of Bridgeport Company began the month of December with work in process inventory of 3,440 units that are 100% complete as to materials and 30% complete as to conversion costs. Units completed and transferred out are 8,600 units. Ending work in process inventory contains 6,880 units that are 100% complete as to materials and 60% complete as to conversion costs. Compute the equivalent units of production for materials and conversion costs for the month of December. QUANTITIES Units to be accounted for Work in process inventory, 12/1 Started into production Total units to be accounted for Units accounted for Completed and transferred out Work in process inventory, 12/31 Total units accounted for Equivalent Units of Production Physical Units Materials Conversion Costs

The Kirkland Department of Bridgeport Company began the month of December with work in process inventory of 3,440 units that are 100% complete as to materials and 30% complete as to conversion costs. Units completed and transferred out are 8,600 units. Ending work in process inventory contains 6,880 units that are 100% complete as to materials and 60% complete as to conversion costs. Compute the equivalent units of production for materials and conversion costs for the month of December. QUANTITIES Units to be accounted for Work in process inventory, 12/1 Started into production Total units to be accounted for Units accounted for Completed and transferred out Work in process inventory, 12/31 Total units accounted for Equivalent Units of Production Physical Units Materials Conversion Costs

Name: The Kirkland Department of Bridgeport Company began the month of Dece
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Description: The Kirkland Department of Bridgeport Company began the month of December with work in process inventory of 3,440 units that are 100% complete as to materialsand 30% complete as to conversion costs. Units completed and transferred out are 8,600 unit

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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