|
Calculation of equivalent units of production |
|
|
Materials |
Conversion |
|
Beginning work in Process |
- |
- |
|
Unit Started in Production |
43,900.00 |
43,900.00 |
|
Units in Ending work in Process |
8,500.00 |
8,500.00 |
|
No. of units completed and transferred out |
35,400.00 |
35,400.00 |
|
Percentage completion |
100% |
40% |
|
Percentage to Ending Work in Process |
8,500.00 |
3,400.00 |
|
Total equivalent units in production |
43,900.00 |
38,800.00 |
Unit cost of Direct materials= 80,500/43,900
1.83 Per unit
Unit cost of Conversion = (68,700+103,800)/38,800
=4.45 Per unit
