Required information The following information applies to the questions displaye

Question

Required information The following information applies to the questions displayed below. During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 64,000 were in process in the production department at the beginning of April and 256,000 were started and completed in April. April's beginning inventory units were 80% complete with respect to materials and 20% complete with respect to conversion. At the end of April, 86,000 add onal units were in process in the production department and were 85% complete with respect to materials and 35% complete with respect to conversion 1. Compute the number of units transferred to finished goods. 2. Compute the number of equivalent units with respect to both materials used and conversion used in the production department for April using the weighted-average method. Complete this question by entering your answers in the tabs below Required 1Required 2 Compute the number of units transferred to finished goods. Units transferred out Required 1 Required 2

Explanation / Answer

1) Number of units transferred to finished goods = 64000+256000 = 320000 Units

2) Equivalent unit of production :

350100

Units % Materials EUP-Materials % conversion EUP-Conversion Units transferred out 320000 100% 320000 100% 320000 Ending work in process 86000 85% 73100 35% 30100 Equivalent unit of production 406000 393100

350100

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