Question

Baden Company has gathered the following information. Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: 37,300 8,200 Conversion costs 40 % 100 % Materials Costs incurred: Direct materials Direct labor $78,330 $66,500 $105,114 Overhead Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production

Answer 1

1
	Materials	Conversion costs
Units transferred out	29100	29100	=37300-8200
Units in ending work in process	8200	3280	=8200*40%
The Equivalent units of production	37300	32380
2
	Materials	Conversion costs
Costs incurred	78330	171614	=66500+105114
Divide by Equivalent units of production	37300	32380
Unit costs	2.10	5.30
3
Units transferred out	215340	=29100*(2.1+5.3)
Units in ending work in process	34604	=(8200*2.1)+(3280*5.3)