The Kirkland Department of Delta Company began the month of December with beginn

Question

The Kirkland Department of Delta Company began the month of December with beginning work in process of 4,000 units that are 100% complete as to materials and 30% complete as to conversion costs. Units transferred out are 10,000 units. Ending work in process contains 8,000 units that are 100% complete as to materials and 60% complete as to conversion costs.

Compute the equivalent units of production for materials and conversion costs for the month of December.

Equivalent Units QUANTITIES Units to be accounted for Physical Units Materials Conversion Costs Work in process, December 1 4000 Started into production 8000 Total units 12000 Units accounted for Transferred out 10000 10000 10000 Work in process, December 31 8000 4800 Total units 18000 18000 14800

Explanation / Answer

Solution:

Computation of Equivalent unit of Production - Weighted Average - Kirkland Department Particulars Physical Units Equivalent Units Material Conversion Units to be accounted for: Work in Process, December 1 4000 Started into production 14000 Total Units 18000 Units Accounted for: Transferred out 10000 10000 10000 Work in Process, December 31 8000 8000 4800 Total Units 18000 18000 14800

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