Chapter 20, Problem E20.28E

To determine

Concept Introduction:

Equivalent units of Production:

The equivalent units of production can be defined as the units, when they are multiplied with the percentage of their completion, then it is said to be complete units as per their level of completion. For example, in ending inventory, there are 2,000 units 30 % complete, the equivalent units for these 2,000 units will be = 2,000 X 30 % = 600 units. Thus, 600 units are equivalent units.

Requirement 1

To calculate:

a. Beginning inventory % of the materials and % of the conversion costs were added during April, if work-in-process inventory on March 31 was 30 % complete and 45% for conversion costs complete.

b. Ending inventory % of the materials and % of the conversion costs were added during April if work-in-process inventory on April 30 was 65 % complete and 75% for conversion costs complete.

c. Beginning inventory % of the materials and % of the conversion costs were added during April if work-in-process inventory on March 31 was 70 % complete and 80% for conversion costs complete.

d. Ending inventory % of the materials and % of the conversion costs were added during Aprilif work-in-process inventory on April 30 was 55 % complete and 80% for conversion costs complete.

To determine

Requirement 2

To compute:

Equivalent units of production for transferred in costs, direct materials, and conversion costs for both the Mixing and the Cooking Departments.