Assignment: 20-4 Homework - Exercise 20-11 (Algorithmic) Equivalent Units of Pro
ID: 2427011 • Letter: A
Question
Assignment: 20-4 Homework - Exercise 20-11 (Algorithmic)
Equivalent Units of Production and Related Costs
The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production.
Determine the following:
***A. The number of units in work in process inventory at the end of the period.
_________ units
***B. Equivalent units of production for direct materials and conversion. If an amount is zero or a blank, enter in "0".
Work in Process-Assembly Department
Equivalent Units of Production for Direct Materials and Conversion Costs
Whole Units
Equivalent Units Direct Materials
Equivalent Units Conversion
Inventory in process, beginning
Started and completed
Transferred to finished goods
Inventory in process, ending
Total units
***C. Costs per equivalent unit for direct materials and conversion. If required, round your answers to the nearest cent.
$_________
***D. Cost of the units started and completed during the period.
$ ____________
Work in Process-Assembly Department Bal., 6,000 units, 25% completed 14,400 To Finished Goods, 138,000 units ? Direct materials, 141,000 units @ $1.90 267,900 Direct labor 212,500 Factory overhead 82,655 Bal. ? units, 45% completed ?Explanation / Answer
Answer: A.
Units in process at beginning of period............................................................ 6,000
Units placed in production during period................................................ 141,000
Less units finished during period............................................................. (138000)
Units in process at end of period.............................................................. 9000
Answer:B
A
B
C
D
Equivalent Units
Whole Units
Direct Materials
Conversion
1
Inventory in process, beginning
(25% completed)
6,000
0
4,500
1
2
Started and completed
13,2000*
13,2000
13,2000
2
3
Transferred to finished goods
138000
132000
136500
3
4
Inventory in process, ending
9000
9000
4050
4
5
Total units
147,000
141,000
140,550
5
6
*13,8000 – 6,000
6
Answer:C 267900/141000=$1.9
Answer:D $528000 [($1.9 + $2.10) × 132000 units]
A
B
C
D
Equivalent Units
Whole Units
Direct Materials
Conversion
1
Inventory in process, beginning
(25% completed)
6,000
0
4,500
1
2
Started and completed
13,2000*
13,2000
13,2000
2
3
Transferred to finished goods
138000
132000
136500
3
4
Inventory in process, ending
9000
9000
4050
4
5
Total units
147,000
141,000
140,550
5
6
*13,8000 – 6,000
6
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