Equivalent Units, No Beginning Work in Process
Frankle Manufacturing produces cylinders used in internal combustion engines. During June, Frankle’s welding department had the following data:
Required:
Calculate June’s output for the welding department in equivalent units of production.
Compute the output in equivalent units of production for welding department of Company FM.
Equivalent Units of Production:
The total units of finished goods along with those goods that are not fully complete are known as equivalent units of production. In other words, equivalent units of production measures both completed and nearly completed units.
Use the following formula to calculate the output for the welding department:
Table showing the calculation of output is as follows:
Particulars | Equivalent units |
Units completed | 112,000 |
Units in EWIP(40% of EWIP) | 6,720 |
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