Page 3 5. 1) The following information is available for Moore Company: Mixing De
ID: 2527040 • Letter: P
Question
Page 3 5. 1) The following information is available for Moore Company: Mixing Department Work in process, June 1 (100% complete for direct materials, 60% complete for conversion costs) 1,500 units 9, 850 units Units completed in June Work in process, June 30 (80% complete for direct materials, 30% complete for conversion costs) 1,050 units 2) The following information is available for valentine Company: Dyeing Department work in process, June 1 (100% complete for direct materials, 50% complete for conversion costs) 1,200 units 8, 500 units Units completed in June Work in process, June 30 (60% complete for direct materials, 40% complete for conversion costs) 950 units Compute: a) the number of units started in each department during June b) equivalent units for direct materials and conversion costs for ea department.Explanation / Answer
Q5-1 Mixing department-FIFO UNITS TO ACCOUNT FOR: Beginning Work in Process units 1,500 Add: Units Started in Process 9,400 Total Units to account for: 10,900 UNITS TO BE ACCOUNTED FOR: Units completed from Beginning WIP 1500 Units started and completed 8,350 Ending Work in Process 1,050 Total Units to be accounted for: 10,900 Equivalent Units: Material Cost Conversion % Completion Units % Completion Units Units completed from Beg. WIP 0% 0 40% 600 Units started and completed 100% 8,350 100% 8,350 Ending Work in Process 80% 840 30% 315 Total Equivalent units 9,190 9,265 Mixing Deptt: Weighted Average UNITS TO ACCOUNT FOR: Beginning Work in Process units 1,500 Add: Units Started in Process 9,400 Total Units to account for: 10,900 UNITS TO BE ACCOUNTED FOR: Units started and completed 9,850 Ending Work in Process 1,050 Total Units to be accounted for: 10,900 Equivalent Units: Material Cost Conversion % Completion Units % Completion Units Units started and completed 100% 9,850 100% 9,850 Ending Work in Process 80% 840 30% 315 Total Equivalent units 10,690 10,165 Q5-2 Dyeing department-FIFO UNITS TO ACCOUNT FOR: Beginning Work in Process units 1,200 Add: Units Started in Process 8,250 Total Units to account for: 9,450 UNITS TO BE ACCOUNTED FOR: Units completed from Beginning WIP 1200 Units started and completed 7,300 Ending Work in Process 950 Total Units to be accounted for: 9,450 Equivalent Units: Material Cost Conversion % Completion Units % Completion Units Units completed from Beg. WIP 0% 0 50% 600 Units started and completed 100% 7,300 100% 7,300 Ending Work in Process 60% 570 40% 380 Total Equivalent units 7,870 8,280 Dyeing Deptt: Weighted Average UNITS TO ACCOUNT FOR: Beginning Work in Process units 1,200 Add: Units Started in Process 8,250 Total Units to account for: 9,450 UNITS TO BE ACCOUNTED FOR: Units started and completed 8,500 Ending Work in Process 950 Total Units to be accounted for: 9,450 Equivalent Units: Material Cost Conversion % Completion Units % Completion Units Units started and completed 100% 8,500 100% 8,500 Ending Work in Process 60% 570 40% 380 Total Equivalent units 9,070 8,880 Note: As method has not been mentioned, both the methods have been appied for your conveneince
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