Calculate equivalent unit
Equivalent unit = Unit transferred out+(Ending WIP*Percent completion)
Materials | Conversion Cost | |
January | 40300+10600 = 50900 | 40300+(10600*43%) = 44858 |
March | 42000+8900 = 50900 | 42000+(8900*70%) = 48230 |
July | 47700+20000 = 67700 | 47700+(20000*21%) = 51900 |
Question 11 Goode Company has the following production data for selected months. Ending Work in Process...
Goode Company has the following production data for selected months. Ending Work In Process Beginning Units % Complete as to Month Work in Process Transferred Out Units Conversion Cost January 0 36,100 12,900 40% March 41,200 8,100 75 July 48,900 21,400 25 Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process. Materials Conversion Costs January March July
Brief Exercise 16-04 Goode Company has the following production data for selected months. Ending Work in Process Complete as to Units Conversion Cost Month Beginning Work in Process Units Transferred Out January March July 39,400 41,500 47,100 11,000 8,900 22,000 Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process Materials Conversion Costs January March Click if you would like to Show Work for this question: Open Show Work
Goode Company has the following production data for selected months. Ending Work in Process Month Beginning Work in Process Units Transferred Out Units % Complete as to Conversion Cost January 0 36,800 10,700 42 % March 0 42,700 8,500 70 July 0 46,300 21,700 21 Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process. Materials Conversion Costs January March July
Goode Company has the following production data for selected months. Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process. Goode Company has the following production data for selected months. Ending Work in Process Beginning Work in Process % Complete as to Conversion Cost Month January March July Units Transferred Out 38,900 42,100 47,000 Units 10,500 8,300 17,700 44 % 72 22 Compute equivalent units of production for materials and...
Brief Exercise 17-4 Goode Company has the following production data for selected months. Beginning Work in Process Month January March July Units Transferred Out 36,500 45,600 50,100 Ending Work in Process % Complete as to Units Conversion Cost 13,800 42 % 8,500 72 17,400 20 Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process. Materials Conversion Costs January March July
Brief Exercise 3-4 Goode Company has the following production data for selected months. Ending Work in Process Month Beginning Work in Process % Complete as to Conversion Cost January -0- Units Transferred Out 36,300 41,000 46,600 Units 13,500 8,100 20,400 40 % 72 March -0- July -0- 25 Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process. Materials Conversion Costs January March July Click if you would like to...
BE16-4 Goode Company has the following production data for sele LOS Ending or 2 Work in Proc Sbor Beginning a % Complete as to Conversion Cost Month Work in Process f Units Transferred Out 35,000 en 40.0002 45,000 -0- Units 10,000 ,000 16,000 40% January March 8 25 July -0- mos e aindon norma Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process o r Shiloso q lo stados
Muffy Painting Company has the following production data for March. Ending Work in Process % Complete as to Units Conversion Cost 8,000 75% Beginning Units Work in Process Transferred Out 3,000 42,000 Month March Instructions Compute equivalent units of production for March for both materials and conversion costs. Materials are entered at the beginning of the process. Equivalent Units Materials Conversion Costs Physical Units Quantities Units to be accounted for Work in process, March 1 Started into production Total units...
Please help me with this question on my hmwk assignment. thank you! Goode Company has the following production data for selected months. Month January March July Beginning Work in Process 0 0 0 Units Transferred Out 38,600 42,800 49,900 Ending Work in Process % Complete as to Units Conversion Cost 13,400 44 % 8,300 74 19,200 25 Compute equivalent units of production for materials and conversion costs, assuming materials are enter process. Materials Conversion Costs January March July 1
Tip Top Painting Company has the following production data for March: Beginning work in process, 2,000 units, which are 30% complete for conversion costs Units transferred out, 44,000 Units in ending work in process, 9,000, which are 80% complete for conversion costs Materials are added only at the beginning of the process. What is the equivalent units of production during May for direct materials if the FIFO method is used? 51,000 53,000 42,200 42,000