Department G had 2,040 units 25% completed at the beginning of the period, 12,300 units were...

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Department G had 2,040 units 25% completed at the beginning of the period, 12,300 units were completed during the period, 1,7

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Answer 1

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Answer #1

Solution:

Department G
Computation of Equivalent unit (FIFO)
Particulars	Physical units	Material	Conversion
Units to be accounted for:
Beginning WIP Inventory	2040
Units started this period	11960
Total unit to be accounted for	14000
Units Accounted for:
Units completed and transferred out
From beginning inventory Material - 0% Conversion - 75%	2040	0	1530
Started and completed currently	10260	10260	10260
Transferred to finished goods	12300	10260	11790
Units in ending WIP Material - 100% Conversion - 20%	1700	1700	340
Total units accounted for	14000	11960	12130

Department G
Computation of Cost per Equivalent unit
Particulars	Total cost	Material	Conversion
Current period cost	$208,480.00	$95,680.00	$112,800.00
Equivalent units		11960	12130
Cost per equivalent unit		$8.0000	$9.2993

Total cost of beginning WIP completed this period = $30,300 + (1530*$9.2993) = $44,528

Hence option b is correct.

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Answer 2

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