drect materials and conversion costs. Each product must pas theough Department A
ID: 2539409 • Letter: D
Question
drect materials and conversion costs. Each product must pas theough Department A and Department b Comsic costs are alocanad evenly throughous production Data for Department A for Feouary 2017 ane workin process, bogmng imventry 50% complete for marerals, 25% complet" fr carvers on Unts sarted duing February Work in process endng monery, 40% comples lor marerat, 10% complete for conversion 100 unts 1,000 units 250 units Costs for Department A for Februwy 2017 are Work in process, beginning invantaryExplanation / Answer
Answer
Units
Material Cmplete
Conversion Cost Complete
Opening units
400
50%
25%
Introduced
1000
Total
1400
Transferred
1150
100%
100%
Closing WIP
250
40%
10%
Equivalent Units
WIP
Total Units
Material
Conversion cost
Opening
400
50%
200
75%
300
Ending
250
40%
100
10%
25
Introduced and completed
750
100%
750
100%
750
TOTAL Equivalent Units
1400
1050
1075
Material
Conversion Cost
Current cost
$10500
$43000
EUP
1050
1075
Cost/unit
$10.0000
$40.0000
Units
Material Cmplete
Conversion Cost Complete
Opening units
400
50%
25%
Introduced
1000
Total
1400
Transferred
1150
100%
100%
Closing WIP
250
40%
10%
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.