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 box does not require an entry, leave it blank. Work in Process-Assembly Department Equivalent Units of Production for Direct Materials and Conversion Costs Inventory in process, beginning Started and completed Transferred to finished goods Inventory in process, ending Total units Whole Units Equivalent Units Direct Materials Equivalent Units Conversion

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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See attached photos for the questions and what I need help on. I’d appreciate help on Part A & B. Thanks!
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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 follow
Inventory in process, beginning
Started and completed
Transferred to finished goods
Inventory in process, ending
Bal., 6,400 units, 40% completed
Direct materials, 116,000 units @ $6.25
Direct labor
Factory overhead
Bal. 2 units, 25% completed
Determine the following:
a. The number of units in work in process inventory at the end of the period.
units
Total units
Print Item
b. Equivalent units of production for direct materials and conversion. If an amount box does not require an entry, leave it blank.
Work in Process-Assembly Department
Equivalent Units of Production for Direct Materials and
Conversion Costs
Check My Work
Work in Process-Assembly Department
O
Et
Whole
Units
45,760 To Finished Goods, 119,400 units
725,000
145,160
90,020
4
c. Costs per equivalent unit for direct materials and conversion. If required, round your answers to the nearest cent.
Costs Per Equivalent Unit
Equivalent
Units
Equivalent
Units
Direct
Materials Conversion
All work saved.
DELL
Transcribed Image Text:< eBook Show Me How 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 follow Inventory in process, beginning Started and completed Transferred to finished goods Inventory in process, ending Bal., 6,400 units, 40% completed Direct materials, 116,000 units @ $6.25 Direct labor Factory overhead Bal. 2 units, 25% completed Determine the following: a. The number of units in work in process inventory at the end of the period. units Total units Print Item b. Equivalent units of production for direct materials and conversion. If an amount box does not require an entry, leave it blank. Work in Process-Assembly Department Equivalent Units of Production for Direct Materials and Conversion Costs Check My Work Work in Process-Assembly Department O Et Whole Units 45,760 To Finished Goods, 119,400 units 725,000 145,160 90,020 4 c. Costs per equivalent unit for direct materials and conversion. If required, round your answers to the nearest cent. Costs Per Equivalent Unit Equivalent Units Equivalent Units Direct Materials Conversion All work saved. DELL
eBook
Drevend
Show Me How
Direct labor
Factory overhead
Bal. 2 units, 25% completed
Determine the following:
a. The number of units in work in process inventory at the end of the period.
units
Inventory in process, beginning
Started and completed
Transferred to finished goods
Inventory in process, ending
Total units
Print Item
b. Equivalent units of production for direct materials and conversion. If an amount box does not require an entry, leave it blan
Work in Process-Assembly Department
Equivalent Units of Production for Direct Materials and
Conversion Costs
145,160
90,020
Whole
Units
Check My Work
Equivalent
Units
Direct
Materials Conversion
Equivalent
Units
c. Costs per equivalent unit for direct materials and conversion. If required, round your answers to the nearest cent.
Costs Per Equivalent Unit
Direct Materials
Conversion
d. Cost of the units started and completed during the period.
W
All work saved.
DELL
Transcribed Image Text:eBook Drevend Show Me How Direct labor Factory overhead Bal. 2 units, 25% completed Determine the following: a. The number of units in work in process inventory at the end of the period. units Inventory in process, beginning Started and completed Transferred to finished goods Inventory in process, ending Total units Print Item b. Equivalent units of production for direct materials and conversion. If an amount box does not require an entry, leave it blan Work in Process-Assembly Department Equivalent Units of Production for Direct Materials and Conversion Costs 145,160 90,020 Whole Units Check My Work Equivalent Units Direct Materials Conversion Equivalent Units c. Costs per equivalent unit for direct materials and conversion. If required, round your answers to the nearest cent. Costs Per Equivalent Unit Direct Materials Conversion d. Cost of the units started and completed during the period. W All work saved. DELL
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