028quest ACG 2071 VIRTUAL COLLEGE Homework: Chapter 7 Homework Score: 0 of 1 pt
ID: 2510831 • Letter: 0
Question
028quest ACG 2071 VIRTUAL COLLEGE Homework: Chapter 7 Homework Score: 0 of 1 pt E5-25A (similar to) lce's Apple Pes colleched the folowing production informantion reiating to November's batking operations Complete the 1. Summare the ow of physical units 2. Computle output in terms of equivalent units the first two steps in the process costing procedure Equivalent Unit C Physical Dict Conversion Flow of Production Units to account for Total equivalent units Choose from any lst or enter any number in the input Selds and then click Chack Answer Clear All cops lockExplanation / Answer
Solution:
Alice's Apple Pies
Equivalent Unit Computation
Flow of Production
Flow of Physical Units
Equivalent Units
Direct Materials
Conversion Costs
Units to account for:
Beginning Work in Process
200000
Units Started during the month
1000000
Total units to account for
1200000
Units accounted for:
Started and Completed during the period
(1,200,000 - Ending WIP 150,000)
(100% complete in all respect)
1050000
1050000
1050000
Ending Work In Process
(75% complete for material and 90% complete for conversion)
150000
112500
(150000*75%)
135000
(150000*90%)
Total Units accounted for
1200000
Total Equivalent Units
1162500
1185000
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Alice's Apple Pies
Equivalent Unit Computation
Flow of Production
Flow of Physical Units
Equivalent Units
Direct Materials
Conversion Costs
Units to account for:
Beginning Work in Process
200000
Units Started during the month
1000000
Total units to account for
1200000
Units accounted for:
Started and Completed during the period
(1,200,000 - Ending WIP 150,000)
(100% complete in all respect)
1050000
1050000
1050000
Ending Work In Process
(75% complete for material and 90% complete for conversion)
150000
112500
(150000*75%)
135000
(150000*90%)
Total Units accounted for
1200000
Total Equivalent Units
1162500
1185000
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