The Converting Department of Hopkinsville Company had 640 units in work in proce

Question

The Converting Department of Hopkinsville Company had 640 units in work in process at the beginning of the period, which were 70% complete. During the period, 13,600 units were completed and transferred to the Packing Department. There were 720 units in process at the end of the period, which were 40% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount is zero, enter in "0".

Hopkinsville Company Number of Equivalent Units of Production Whole Units Direct Materials Equivalent Units Conversion Equivalent Units Inventory in process, beginning Started and completed Transferred to Packing Department Inventory in process, ending Total

Explanation / Answer

Dear Student Thank you for using Chegg Please find below the answer Number of Equivalent Units of Production Particulars Whole Units Direct Materials Equivalent Units Conversion Equivalent Units Inventory in process, beginning= Conversion = 640 *(100-70%)                  640.00                           -                    192.00 Started and completed = 13600 - 640            12,960.00            12,960.00            12,960.00 Transferred to Packing Department            13,600.00            12,960.00            13,152.00 Inventory in process, ending Material = 720 *100% Conversion = 720 * 40%                  720.00                  720.00                  288.00 Total            13,680.00            13,440.00

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