Finishing Department started the month with 200 units in process, received 2,500

Question

Finishing Department started the month with 200 units in process, received 2,500 units from the Assembly Department, and transferred 2,600 units to the finished goods storage area. All materials are added at the be complete in respect to conversion costs. The department uses the weighted-average method. The Finishing ginning of the process. The units in process at the end of the month are 50% (Click the icon to view the costs) costs 7. How many units are still in process at the end of the month? 8. Compute the equivalent units of production for the Finishing Department. 9. Determine the cost per equivalent unit for transferred in, direct materials, conversion costs, and total costs. 10. Determine the cost to be transferred to Finished Goods Inventory 7. How many units are still in process at the end of the month? Determine the formula, then enter the amounts to calculate units in process at the end of the month. Beginning balance In process units Amount transferred in Beginning balance To account for Transferred out 8. Compute the equivalent units 9 Department Choose from any list or enter ariy rrumven ar ure uput neids and then continue to the next question

Explanation / Answer

Req 7. Total Units to be accounted for: Beginning WIP 200 Units started in process 2500 Total Units to be accounted for: 2700 Less: Units completed 2600 Ending inventory Units 100 Req 8. Equivalent Units: Material Cost Conversion % Completion Units % Completion Units Units started and completed 100% 2,600 100% 2,600 Ending Work in Process 100% 100 50% 50 Total Equivalent units 2,700 2,650

Related Questions

Navigate

• Browse (All)
• Browse F
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.