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83% Sun 1:47PM ew History Bookmarks Develop Window Help edugen.wileyplus.com Return to Blackboard Weygandt, Managerial Accounting, 8e CALCULATOR PRINTER VERSION BACK Problem 3-3A (Video) Thakin Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and data for the first process in making a product are as follows Cutting Department Production Data-July Work in process units, July 1 Units started into production Work in process units, July 31 Work in process percent complece T12-Tables 21,600 3,240 60 Cost Data-July Work in process, July 1 Materials Laber $0 410,400 253,152 112,320 $775,872 Total Compute the physical units of production. T12 Tables Units to be accounted for 21600 Compute equivalent units of production for materials and for conversion costs. Haterials Conversion Costs T12 Tables 21600

Explanation / Answer

1. Compute the Physical unit of Production as shown below Particular T12 Table Beginning Balance Add: Unit Started for Production 21600 Physical unti of Production 21600 2) Compute Equivalent Unit of Prduction for Material and Conversion Cost Particualr Material Conversion T12 Tables Material (21600X1) 24400 Conversion Cost ( 21600-3240)+(3240X60%) 20304

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