There were 1,700 units in beginning inventory that were 40% complete with regard to conversion. During the month, 8,550 units were started and 9,000 were transferred to finished goods. The ending work in process was 60% complete with regard to conversion costs, and materials are added at the beginning of the process. What is the total amount of equivalent units for materials and conversion at the end of the month using the weighted-average method?
Please find below table useful to compute desired results: -
End results would be as follows: -
There were 1,700 units in beginning inventory that were 40% complete with regard to conversion. During...
6) Using the weighted-average method, compute the equivalent units of production if the beginning inventory consisted of 20,000 units; 55,000 units were started in production, and 57,000 units were completed and transferred to finished goods inventory. For this process, materials are added at the beginning of the process, and the units are 35% complete with respect to conversion. (7 points) Solution Beginning inventory Units started in production Units to account for Equivalent Units: Total Material Equivalent Units: Conversion Completed and...
VaRUI Using the weighted average method, compute the equivalent units of production if the beginning inventory consisted of 24,000 units; 59,000 units were started in production; and 68,000 units were completed and transferred to finished goods inventory. For this process, materials are added at the beginning of the process, and the units are 45% complete with respect to conversion Equivalent Units of Materials Equivalent units of Conversion
Assume the following information: Percent Complete Milling Department Units Materials Conversion Beginning work in process inventory 200 40 % 30 % Units started into production during March 6,200 Units completed during the period and transferred to the next department 5,800 100 % 100 % Ending work in process inventory 600 70 % 60 % Milling Department Materials Conversion Cost of beginning work in process inventory $ 10,000 $ 15,000 Costs added during the period 299,000 385,000 Total cost $ 309,000...
During April, the production department of a process manufacturing system completed a number of units of a product transferred them to finished goods. these transferred units, 60, 00 were in process in the production department at the beginning of April and 240.000 were started and completed in April. April's beginning inventory units were 60% complete with respect to materials and 40% complete with respect to conversion. At the end of April, 82,000 additional units were in process in the production...
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, 60,000 were in process in the production department at the beginning of April and 240,000 were started and completed in April. April's beginning inventory units were 60% complete with respect to materials and 40% complete with respect to conversion. At the end of April, 82,000 additional units were in process in the...
Problem 1 (Textbook Reference: E3-2)-Compute Equivalent Units in Depa units were started during the months, and 7,000 units were completed and transferred to finished goods inventory. The rtment C, materials are added at the beginning of the process. There were 1,000 units in beginning inventory, 10,000 endin are the equivalent units of production for materials and conversion? g inventory in Department C in June was 40% complete as to conversion costs. Under the average cost method, what Problem 1 Answer...
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, 60,000 were in process in the production department at the beginning of April and 240,000 were started and completed in April, Apni's beginning inventory units were 60% complete with respect to materials and 40% complete with respect to conversion. At the end of April, 82,000 additional units were in process in the...
Given the following information, determine the equivalent units of ending work in process for materials and conversion under the weighted average method: • beginning inventory of 2,400 units is 100% complete with regard to materials and 60% complete with regard to conversion • 19,000 units were started during the period • 18,600 units were completed and transferred • ending inventory is 100% complete with materials and 65% complete with conversion Equivalent units of ending work in process for Materials Equivalent...
Assume the following information: Percent Complete Materials Conversion 45% 30% Milling Department Beginning work in process inventory Units started into production during March Units completed during March and transferred to the next department Ending work in process inventory Units 300 6,100 5,800 600 100% 6ex 100% 50x Using the weighted average method, what is the equivalent units of production for conversion? Multiple Choice 6,400 units 6,025 units 6100 units 6.160 units Assume the following information Units 300 6,000 Percent Complete...
5. value 5.00 points The following refers to units processed in Sunflower Printing's binding department in March. Beginning work in process Goods started Goods completed Ending work in process Units of Product 150,000 310,000 340,000 120,000 Percent of Conversion Added 80% 100 100 25 Compute the total equivalent units of production with respect to conversion for March using the FIFO inventory method Equivalent units of production (EUP) with respect to conversion . FIFO method Units % Conversion EUP Beginning work...