wv21 Orlin×TBCengageLearning e Hormel Chegg com x Dongin now.com/lm/takeAssignme

Question

wv21 Orlin×TBCengageLearning e Hormel Chegg com x Dongin now.com/lm/takeAssignment/takeAssignmentMain.dožinvoker-assignments&takeAssignmen; Equivalent Units of Production: Average Cost Method The Converti beginning of the perlod. During the period, 22,700 units were completed and transferred to the Packing complete at the end of the period. ng Department of Tender Soft Tissue Company uses the average cost method and had 1,800 units in work in process that were 80% complete at the Department. There were 1,000 units in process that were 30% Determine the number of whole units to be accounted for and to be assigned costs for the period. a. units b. Determine the number of equlivalent unts of faroduction for the period. units ?Previous Next? 2018-06-1

Explanation / Answer

Solution 1a:

Nos of whole units to be accounted for = 23700 units

Solution 1b:

Nos of equivalent unit of production for the period = 23000 units

Solution 2a:

Nos of WIP inventory at the end of month = 14000 + 68600 - 72800 = 9800 units

Solution 2b:

Solution 3a:

Solution 3b:

Reconciliation of Physical units Particulars Physical Units Particulars Physical Units Beginning units 1800 Unit Completed 22700 Unit started 21900 Ending Units 1000 Total Units 23700 Total Units 23700

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