Equivalent Units of Production and Related Costs
The charges to Work in Process—Assembly Department for a period,together with information concerning production, are as follows.All direct materials are placed in process at the beginning ofproduction.
| Work in Process-Assembly Department |
|---|
| Bal., 8,000 units, 65% completed | 31,880 | To Finished Goods, 184,000 units | ? |
| Direct materials, 188,000 units @ $2.10 | 394,800 | | |
| Direct labor | 404,400 | | |
| Factory overhead | 157,320 | | |
| Bal., ? units, 20% completed | ? | | |
Determine the following:
a. The number of units in work in processinventory at the end of the period.
units
b. Equivalent units of production for directmaterials and conversion. If an amount is zero or a blank, enter in"0".
| Work in Process-Assembly Department |
| Equivalent Units of Production for Direct Materialsand Conversion Costs |
|
| Whole
Units | Equivalent Units
Direct Materials | Equivalent Units
Conversion |
| Inventory in process, beginning | | | |
| Started and completed | | | |
| Transferred to finished goods | | | |
| Inventory in process, ending | | | |
| Total units | | | |
c. Costs per equivalent unit for directmaterials and conversion. If required, round your answers to thenearest cent.
| Costs Per Equivalent Unit |
| Direct Materials | $ |
| Conversion | $ |
d. Cost of the units started and completedduring the period.
$
