Question

Required information Use the following information for the Exercises below. The following information applies to the questions displayed below) During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods of these transferred units, 71.000 were in process in the production department at the beginning of April and 284,000 were started and completed in April. April's beginning inventory units were 65% complete with respect to materials and 35% complete with respect to conversion. At the end of April, 93.000 additional units were in process in the production department and were 90% complete with respect to materials and 40% complete with respect to conversion Exercise 16-8 Weighted average: Computing equivalent units of production LO C2 1. Compute the number of units transferred to finished goods 2. Compute the number of equivalent units with respect to both materials used and conversion used in the production department for April using the weighted average method Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the number of units transferred to finished goods Units transferred out

Answer 1

Answer

• Requirement 1

Units transferred out = 71000 + 284000
= 355,000 units

• Requirement 2

EUP - Weighted Average Method	Units	% Material	EUP Materials	% Conversion	EUP - Conversion
Units TRANSFERRED	355,000	100%	355,000	100%	355,000
Units of ENDING WIP	93,000	90%	83,700	40%	37,200
Equivalent Units of Production			438,700		392,200