The Evanston plant of Fit-for-Life Foods Corporation produces low-fat salad dressing. The following data pertain to...

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The Evanston plant of Fit-for-Life Foods Corporation produces low-fat salad dressing. The following data pertain to the year

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Answer 1

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Schedule of equivalent unit

	Physical Units	Percentage of completion		Equivalent unit
		Direct material	Conversion	Direct material	Conversion
Work in process, Jan 1	43000	100%	100%	43000	43000
Unit started and completed	99000	100%	100%	99000	99000
Units completed and transferred out	142000	100%	100%	142000	142000
Work in process, Dec 31	37000	75%	30%	27750	11100
Total units accounted for	179000
Total equivalent unit				169750	153100

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