In addition, Muscat Cement Factory had the following production data for 3 months:WIP (End)Units % CompleteWIP (Beg.)Units Transferred OutMonthJanuaryFebruaryMarch45,00030,00020,0007,00016,00010,00045%1,2002,0001,5003065The equivalent units of production for materials for January is:Select one:O a. 53,200O b. None of the answers are correctO C.45,000O d. 46,200O e. 52,000

Answered: In addition, Muscat Cement Factory had…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 8BE

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In addition, Muscat Cement Factory had the following production data for 3 months:
WIP (End)
Units % Complete
WIP (Beg.)
Units Transferred Out
Month
January
February
March
45,000
30,000
20,000
7,000
16,000
10,000
45%
1,200
2,000
1,500
30
65
The equivalent units of production for materials for January is:
Select one:
O a. 53,200
O b. None of the answers are correct
O C.45,000
O d. 46,200
O e. 52,000

Expert Solution

Concept - introduction

An equivalent unit of production is a formulation of work done by the manufactures on units of output that are partially completed at the end of accounting process.

In order to calculate the number of equivalent unit produced in the period of January month we have to follow the following formula

In the case when we are given Ending Work-in-process inventory in the problem so the Work-in-process goods which have complete up to some percent treat as Equivalent units.

To determine - Equivalent unit for january

The equivalent unit for january month is 48,150 units.

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