Equivalent Units of Production
Obj. 2 The following information concerns production in the Baking Department for December. All direct materials are placed in process at the beginning of production.
ACCOUNT Work in Process-Baking Department ACCOUNT NO.
| Date | Item | Debit | Credit | Debit | Credit | |
|---|---|---|---|---|---|---|
| Dec. | 1 | Bal., 24,000 units, 3//4 completed | 116,700 | |||
| 31 | Direct materials, 134,000 units | 234,500 | 351,200 | |||
| 31 | Direct labor | 150,000 | 501,200 | |||
| 31 | Factory overhead | 375,000 | 876,200 | |||
| 31 | Goods finished, 128,000 units | 760,700 | 115,500 | |||
| 31 | Bal., ? units, 1//2 completed | 115,500 |
a. Determine the number of units in work in process inventory at December 31 .
b. Determine the equivalent units of production for direct materials and conversion costs in December.
Homework Answers
Add Answer to:
The following information concerns production in the Baking Department for December.
Costs per Equivalent Unit The following information concerns production in the Baking Department for December. All...
Costs per Equivalent Unit The following information concerns production in the Baking Department for December. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process-Baking Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Dec. 1 Bal., 24,000 units, 3/4 completed 116,700 31 Direct materials, 134,000 units 234,500 351,200 31 Direct labor 150,000 501,200 31 Factory overhead 375,000 876,200 31 Goods finished, 128,000 units 760,700 115,500 31 Bal., ? units, 1/2 completed 115,500...
Costs per Equivalent Unit The following information concerns production in the Baking Department for December. All...
Costs per Equivalent Unit The following information concerns production in the Baking Department for December. All direct materials are placed in process at the beginning of production ACCOUNT Work in Process-Baking Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Dec. 1 Bal., 24,000 units, completed 116,700 31 Direct materials, 134,000 units 234,500 351,200 31 Direct labor 150,000 501,200 31 Factory overhead 375,000 876,200 31 Goods finished, 128,000 units 760,700 115,500 31 Bal., 2 units, completed 115,500 a. Based...
ACCOUNT Work in Process—Baking Department ACCOUNT NO. Date Item Debit Credit Balance Debit Credit Dec. 1...
ACCOUNT Work in Process—Baking Department ACCOUNT NO. Date Item Debit Credit Balance Debit Credit Dec. 1 Bal., 24,000 units, 3⁄4 completed 116,700 31 Direct materials, 134,000 units 234,500 351,200 31 Direct labor 150,000 501,200 31 Factory overhead 375,000 876,200 31 Goods finished, 128,000 units 760,700 115,500 31 Bal., ? units, 1⁄2 completed 115,500 a. Determine the number of units in work in process inventory at December 31. units Feedback b. Determine the equivalent units of production for direct materials and...
Uite Item Debit Credit Debit Credit Dec. 1 Bal., 24,000 units, completed 31 Direct materials, 134,000...
Uite Item Debit Credit Debit Credit Dec. 1 Bal., 24,000 units, completed 31 Direct materials, 134,000 units 31 Direct labor 31 Factory overhead 31 Goods finished, 128,000 units 31 Bal., 2 units, Va completed 234,500 150,000 375,000 116,700 351,200 501,200 876,200 115,500 115,500 760,700 a. Determine the number of units in work in process inventory at December 31. units b. Determine the equivalent units of production for direct materials and conversion costs in December. If an amount is zero, enter...
ACCOUNT Work in Process—Baking Department ACCOUNT NO. Date Item Debit Credit Balance Debit Credit Dec. 1...
ACCOUNT Work in Process—Baking Department ACCOUNT NO. Date Item Debit Credit Balance Debit Credit Dec. 1 Bal., 24,000 units, 3⁄4 completed 116,700 31 Direct materials, 134,000 units 234,500 351,200 31 Direct labor 150,000 501,200 31 Factory overhead 375,000 876,200 31 Goods finished, 128,000 units 760,700 115,500 31 Bal., ? units, 1⁄2 completed 115,500 a. Based on the above data, determine each cost listed below. Round "cost per equivalent unit" answers to the nearest cent. 1. Direct materials cost per equivalent...
ACCOUNT Work in Process-Baking Department ACCOUNT NO. Date Item Debit Credit Balance Debit Credit Dec. 116,700...
ACCOUNT Work in Process-Baking Department ACCOUNT NO. Date Item Debit Credit Balance Debit Credit Dec. 116,700 351,200 234,500 150,000 1 Bal., 24,000 units, 3/4 completed 31 Direct materials, 134,000 units 31 Direct labor 31 Factory overhead 31 Goods finished, 128,000 units 31 Bal., 2 units, 1/2 completed 375,000 501,200 876,200 115,500 115,500 760,700 a. Based on the above data, determine each cost listed below. Round "cost per equivalent unit" answers to the nearest cent. 1. Direct materials cost per equivalent...
Equivalent Units of Production The following information concerns production in the Baking Department for December. All...
Equivalent Units of Production The following information concerns production in the Baking Department for December. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process—Baking Department ACCOUNT NO. Date Item Debit Credit Balance Debit Credit Dec. 1 Bal., 6,000 units, 3/5 completed 8,640 31 Direct materials, 108,000 units 194,400 203,040 31 Direct labor 56,060 259,100 31 Factory overhead 31,540 290,640 31 Goods finished, 109,500 units 279,660 10,980 31 Bal., ? units, 4/5 completed 10,980...
The following information concerns production in the Baking Department for December. All direct materials are placed...
The following information concerns production in the Baking Department for December. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process—Baking Department ACCOUNT NO. Date Item Debit Credit Balance Debit Credit Dec. 1 Bal., 6,900 units, 2/5 completed 14,904 31 Direct materials, 124,200 units 223,560 238,464 31 Direct labor 64,670 303,134 31 Factory overhead 36,370 339,504 31 Goods finished, 126,000 units 327,876 11,628 31 Bal., ? units, 3/5 completed 11,628 a. Determine the number...
The following information concerns production in the Baking Department for December. All direct materials are placed...
The following information concerns production in the Baking Department for December. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process—Baking Department ACCOUNT NO. Date Item Debit Credit Balance Debit Credit Dec. 1 Bal., 5,700 units, 1/3 completed 15,200 31 Direct materials, 102,600 units 205,200 220,400 31 Direct labor 60,320 280,720 31 Factory overhead 33,928 314,648 31 Goods finished, 104,100 units 303,980 10,668 31 Bal., ? units, 3/5 completed 10,668 a. Determine the number...
The following information concerns production in the Baking Department for December. All direct materials are placed...
The following information concerns production in the Baking Department for December. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process-Baking Department ACCOUNT NO Balance Date Item Debit Credit Debit Credit Dec. 1 Bal., 6,000 units, 2/5 completed 31 Direct materials, 108,000 units 31 Direct labor 31 Factory overhead 31 Goods finished, 109,500 units 31 Bal., 2 units, 2/5 completed 194,400 55,760 31,360 12,600 207,000 262,760 294,120 9,540 284,580 9,540 ACCOUNT Work in Process...
Costs per Equivalent Unit The following information concerns production in the Baking Department for December. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process-Baking Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Dec. 1 Bal., 24,000 units, 3/4 completed 116,700 31 Direct materials, 134,000 units 234,500 351,200 31 Direct labor 150,000 501,200 31 Factory overhead 375,000 876,200 31 Goods finished, 128,000 units 760,700 115,500 31 Bal., ? units, 1/2 completed 115,500...
Costs per Equivalent Unit The following information concerns production in the Baking Department for December. All direct materials are placed in process at the beginning of production ACCOUNT Work in Process-Baking Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Dec. 1 Bal., 24,000 units, completed 116,700 31 Direct materials, 134,000 units 234,500 351,200 31 Direct labor 150,000 501,200 31 Factory overhead 375,000 876,200 31 Goods finished, 128,000 units 760,700 115,500 31 Bal., 2 units, completed 115,500 a. Based...
Uite Item Debit Credit Debit Credit Dec. 1 Bal., 24,000 units, completed 31 Direct materials, 134,000 units 31 Direct labor 31 Factory overhead 31 Goods finished, 128,000 units 31 Bal., 2 units, Va completed 234,500 150,000 375,000 116,700 351,200 501,200 876,200 115,500 115,500 760,700 a. Determine the number of units in work in process inventory at December 31. units b. Determine the equivalent units of production for direct materials and conversion costs in December. If an amount is zero, enter...
ACCOUNT Work in Process-Baking Department ACCOUNT NO. Date Item Debit Credit Balance Debit Credit Dec. 116,700 351,200 234,500 150,000 1 Bal., 24,000 units, 3/4 completed 31 Direct materials, 134,000 units 31 Direct labor 31 Factory overhead 31 Goods finished, 128,000 units 31 Bal., 2 units, 1/2 completed 375,000 501,200 876,200 115,500 115,500 760,700 a. Based on the above data, determine each cost listed below. Round "cost per equivalent unit" answers to the nearest cent. 1. Direct materials cost per equivalent...
The following information concerns production in the Baking Department for December. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process-Baking Department ACCOUNT NO Balance Date Item Debit Credit Debit Credit Dec. 1 Bal., 6,000 units, 2/5 completed 31 Direct materials, 108,000 units 31 Direct labor 31 Factory overhead 31 Goods finished, 109,500 units 31 Bal., 2 units, 2/5 completed 194,400 55,760 31,360 12,600 207,000 262,760 294,120 9,540 284,580 9,540 ACCOUNT Work in Process...
Most questions answered within 3 hours.
-
The heights in feet of some of the girls of SEU
are: 5.8, 6.1, 5.9, 5.4, 5.6,...
asked 22 minutes ago -
Caspian Sea Drinks is considering the purchase of a new water
filtration system produced by Rube...
asked 27 minutes ago -
Compare and contrast the
social media of Pepsi and Coke? which one is most effective and...
asked 28 minutes ago -
1.
Who initiates a lockout?
Group of answer choices
management
employees
unions
arbitrators
asked 28 minutes ago -
Many celebrities and public figures have Twitter accounts with
large numbers of followers. However, some of...
asked 59 minutes ago -
In #13-16, use the following information. At the 0.01 level of
significance, test the claim that...
asked 38 minutes ago -
Suppose you wanted to make a buffer with pH 3.00. What chemicals
would you grab off...
asked 57 minutes ago -
A 195 g mass attached to a horizontal spring oscillates at a
frequency of 5.20 Hz...
asked 42 minutes ago -
Given the reaction where 1.00 mol H2(g) is burned in excess
O2(g) at 25 °C,
H2(g)...
asked 51 minutes ago -
Elemental phosphorus is produced by the reaction, 2Ca3(PO4)2
+6SiO2 +10C→6CaSiO3 +10CO+P4 Suppose that you have 7.00...
asked 59 minutes ago -
A nationwide survey found that 64% of people in the
Kingdom like Berger. If 3 people...
asked 1 hour ago -
CYTOGENETIC MAPS VS LINKAGE MAPS
how do you read and extract information from cytogenetic and
linkage...
asked 1 hour ago