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Required information The following information applies to the questions displayed below.) Clopack Company manufactures one pr
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Answer #1

Equivalent units of production for materials is 44,500 units

Explanation:

Units completed and transferred to Finished goods

Work-in-process,June 1 6,000
Started into production during the year 38,500
Total units in process 44,500
Deduct: Work-in-process, June 30 (10,000)
Completed & transferred during month 34,500

Equivalent units of production for materials

Units transferred out 34,500
Work-in-process, Ending (10,000×100% completed) 10,000
Total equivalent units of production 44,500

____×____

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