Question

equivalent units of production

Fouvent Units Production The Converting Department of Worley Company had 2400 units in work in process the beginning of the period, which were complete. During the period, 10.300 units were completed and transferred to the Padang Department. There were 1.500 units in process at the end of the period, which were complete. Direct materials are placed into the process at the beginning of production Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount is zero. enter in "0 Wely Company Number of tuvalet Units of Production When Dret Materials Conversion Drventory in process, beginning Stend completed Transdered to Padang Department teori p ending

Answer 1

Solution

Worley Company
Number of Equivalent units of Production
	Whole Units	Direct material Equivalent units	Conversion Equivalent units
Inventory In process, Beginning	2,400	-	1,560
Started And Completed	8,400	8,400	8,400
Transferred to packing Department	10,800	8,400	9,960
Inventory in Process,Ending	1,900	1,900	1,140
Total	12,700	10,300	11,100

.Working

STEP 1 (FIFO)
Reconciliation of Units
	Units	% already completed		% completed this period
		Material	Conversion cost	Material	Conversion cost
Beginning WIP	2,400	100%	35%	0%	65%
Units introduced	10,300
Total units to be accounted for	12,700
Completed and Transferred unit	10,800	0%	0%	100%	100%
Ending WIP	1,900	0%	0%	100%	60%

.

STEP 2 (FIFO)
Equivalent Units
	Total Units	Material		Conversion cost
Units Transferred:		% completed this period	Equivalent Units	% completed this period	Equivalent Units
From WIP	2,400	0%	-	65%	1,560
From units started/Introduced	8,400	100%	8,400	100%	8,400
Total	10,800		8,400		9,960
	Total Units	Material		Conversion cost
Ending WIP		% completed this period	Equivalent Units	% completed this period	Equivalent Units
Total	1,900	100%	1,900	60%	1,140
Total EUP	12,700		10,300		11,100