Equivalent Units of Production: The equivalent units of production can be defined as the units which are partially completed to be counted as fully completed units based on their percentage of work done on them. For example, the units in ending inventory are 1,000 units and 60 % completed. Thus, the equivalent units for ending inventory will be = 1,000 units X 60 % = 600 units. If materials are added − In the beginning of the process, the ending inventory units are added in the direct materials equivalent units of production. At the end of the process, the ending inventory units are not added in the direct materials equivalent units of production. In the halfway point of the process, the ending inventory units are added in the direct materials equivalent units of production. To compute: Total equivalent units of production for conversion using weighted-average method.

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Answer 1

Question

Chapter 20, Problem 5QS

To determine

Concept Introduction:

Equivalent Units of Production:

The equivalent units of production can be defined as the units which are partially completed to be counted as fully completed units based on their percentage of work done on them.

For example, the units in ending inventory are 1,000 units and 60 % completed. Thus, the equivalent units for ending inventory will be = 1,000 units X 60 % = 600 units.

If materials are added −

In the beginning of the process, the ending inventory units are added in the direct materials equivalent units of production.

At the end of the process, the ending inventory units are not added in the direct materials equivalent units of production.

In the halfway point of the process, the ending inventory units are added in the direct materials equivalent units of production.

To compute:

Total equivalent units of production for conversion using weighted-average method.

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Answer 2

Question

Chapter 20, Problem 5QS

To determine

Concept Introduction:

Equivalent Units of Production:

The equivalent units of production can be defined as the units which are partially completed to be counted as fully completed units based on their percentage of work done on them.

For example, the units in ending inventory are 1,000 units and 60 % completed. Thus, the equivalent units for ending inventory will be = 1,000 units X 60 % = 600 units.

If materials are added −

In the beginning of the process, the ending inventory units are added in the direct materials equivalent units of production.

At the end of the process, the ending inventory units are not added in the direct materials equivalent units of production.

In the halfway point of the process, the ending inventory units are added in the direct materials equivalent units of production.

To compute:

Total equivalent units of production for conversion using weighted-average method.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 20, Problem 5QS

To determine

Concept Introduction:

Equivalent Units of Production:

The equivalent units of production can be defined as the units which are partially completed to be counted as fully completed units based on their percentage of work done on them.

For example, the units in ending inventory are 1,000 units and 60 % completed. Thus, the equivalent units for ending inventory will be = 1,000 units X 60 % = 600 units.

If materials are added −

In the beginning of the process, the ending inventory units are added in the direct materials equivalent units of production.

At the end of the process, the ending inventory units are not added in the direct materials equivalent units of production.

In the halfway point of the process, the ending inventory units are added in the direct materials equivalent units of production.

To compute:

Total equivalent units of production for conversion using weighted-average method.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 20, Problem 5QS

To determine

Concept Introduction:

Equivalent Units of Production:

The equivalent units of production can be defined as the units which are partially completed to be counted as fully completed units based on their percentage of work done on them.

For example, the units in ending inventory are 1,000 units and 60 % completed. Thus, the equivalent units for ending inventory will be = 1,000 units X 60 % = 600 units.

If materials are added −

In the beginning of the process, the ending inventory units are added in the direct materials equivalent units of production.

At the end of the process, the ending inventory units are not added in the direct materials equivalent units of production.

In the halfway point of the process, the ending inventory units are added in the direct materials equivalent units of production.

To compute:

Total equivalent units of production for conversion using weighted-average method.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 5

Chapter 20, Problem 5QS

To determine

Concept Introduction:

Equivalent Units of Production:

The equivalent units of production can be defined as the units which are partially completed to be counted as fully completed units based on their percentage of work done on them.

For example, the units in ending inventory are 1,000 units and 60 % completed. Thus, the equivalent units for ending inventory will be = 1,000 units X 60 % = 600 units.

If materials are added −

In the beginning of the process, the ending inventory units are added in the direct materials equivalent units of production.

At the end of the process, the ending inventory units are not added in the direct materials equivalent units of production.

In the halfway point of the process, the ending inventory units are added in the direct materials equivalent units of production.

To compute:

Total equivalent units of production for conversion using weighted-average method.

Answer 6

Chapter 20, Problem 5QS

To determine

Concept Introduction:

Equivalent Units of Production:

The equivalent units of production can be defined as the units which are partially completed to be counted as fully completed units based on their percentage of work done on them.

For example, the units in ending inventory are 1,000 units and 60 % completed. Thus, the equivalent units for ending inventory will be = 1,000 units X 60 % = 600 units.

If materials are added −

In the beginning of the process, the ending inventory units are added in the direct materials equivalent units of production.

At the end of the process, the ending inventory units are not added in the direct materials equivalent units of production.

In the halfway point of the process, the ending inventory units are added in the direct materials equivalent units of production.

To compute:

Total equivalent units of production for conversion using weighted-average method.

Answer 7

Chapter 20, Problem 5QS

To determine

Concept Introduction:

Equivalent Units of Production:

The equivalent units of production can be defined as the units which are partially completed to be counted as fully completed units based on their percentage of work done on them.

For example, the units in ending inventory are 1,000 units and 60 % completed. Thus, the equivalent units for ending inventory will be = 1,000 units X 60 % = 600 units.

If materials are added −

In the beginning of the process, the ending inventory units are added in the direct materials equivalent units of production.

At the end of the process, the ending inventory units are not added in the direct materials equivalent units of production.

In the halfway point of the process, the ending inventory units are added in the direct materials equivalent units of production.

To compute:

Total equivalent units of production for conversion using weighted-average method.

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 20 - Prob. 1QS Ch. 20 - Prob. 2QS Ch. 20 - Process vs. job order operations C1 For each of...Ch. 20 - Physical flow reconciliation C2 Prepare a physical...Ch. 20 - Prob. 5QS Ch. 20 - A FIFO: Computing equivalent units C4 Refer to QS...Ch. 20 - Prob. 7QS Ch. 20 - Prob. 8QS Ch. 20 - Prob. 9QS Ch. 20 - Prob. 10QS

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