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The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production.Work in Process-Assembly DepartmentBal., 7,000 units, 25% completed16,625To Finished Goods, 161,000 units?Direct materials, 165,000 units @ $1.5247,500  Direct labor458,300  Factory overhead178,200  Bal. ? units, 75% completed?  Determine the following:a.  The number of units in work in process inventory at the end of the period. unitsb.  Equivalent units of production for direct materials and conversion. If an amount is zero or a blank, enter in "0".Work in Process-Assembly DepartmentEquivalent Units of Production for Direct Materials and Conversion Costs  Whole UnitsEquivalent UnitsDirect MaterialsEquivalent UnitsConversionInventory in process, beginning   Started and completed   Transferred to finished goods   Inventory in process, ending   Total units   c.  Costs per equivalent unit for direct materials and conversion. If required, round your answers to the nearest cent. Costs Per Equivalent UnitDirect Materials$Conversion$d.  Cost of the units started and completed during the period.$

Question

The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production.

Work in Process-Assembly Department
Bal., 7,000 units, 25% completed 16,625 To Finished Goods, 161,000 units ?
Direct materials, 165,000 units @ $1.5 247,500    
Direct labor 458,300    
Factory overhead 178,200    
Bal. ? units, 75% completed ?    

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 is zero or a blank, enter in "0".

Work in Process-Assembly Department
Equivalent Units of Production for Direct Materials and Conversion Costs
 
  Whole Units Equivalent Units
Direct Materials
Equivalent Units
Conversion
Inventory in process, beginning      
Started and completed      
Transferred to finished goods      
Inventory in process, ending      
Total 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.
$

check_circleAnswer
Step 1

a.

Compute the number of units in work in process at the end of the period.

Units
Particulars
Number of units in work in process at the beginning of the period
Number of units placed during the period
Less: Number of units finished in work in process during the period
Number of units in work in process at the end of the period
7,000
165,000
(161.000)
11,000 units
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Units Particulars Number of units in work in process at the beginning of the period Number of units placed during the period Less: Number of units finished in work in process during the period Number of units in work in process at the end of the period 7,000 165,000 (161.000) 11,000 units

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Step 2

b.

Compute the number of equivalent units of production for direct materials and conversion.

Equivalent Units
Whole
Particulars
Direct
Units
Conversion
Materials
Inventory in process beginning (35%
completed)
7,000
0
4,550
(7,000x (1-35%))
Started and completed (161, 000-7,000)
Transferred to finished goods
Inventory in process (45% completed)
154,000
154,000
154.000
161,000
11.000
154,000
11.000 4.950 (11,000x 45%)
158,550
Total equivalent units
172,000
165,000
163,500
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Equivalent Units Whole Particulars Direct Units Conversion Materials Inventory in process beginning (35% completed) 7,000 0 4,550 (7,000x (1-35%)) Started and completed (161, 000-7,000) Transferred to finished goods Inventory in process (45% completed) 154,000 154,000 154.000 161,000 11.000 154,000 11.000 4.950 (11,000x 45%) 158,550 Total equivalent units 172,000 165,000 163,500

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Step 3

c.

Compute the cost per equivalent unit for ...

Cost per Equivalent Unit
Direct Materials
Conversion
Total costs incurred for the period in
Assembly Department
Total equivalent units
Cost per equivalent unit
$247,500
$636,500
($458,300+$178,200)
163,500
165,000
$1.50
$3.90
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Cost per Equivalent Unit Direct Materials Conversion Total costs incurred for the period in Assembly Department Total equivalent units Cost per equivalent unit $247,500 $636,500 ($458,300+$178,200) 163,500 165,000 $1.50 $3.90

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