Homework Answers
Solution:
|
Azucar Inc. Decolorization Department Computatio of Equivalent units |
|||
| Particulars | Physical Units | Equivalent units | |
| Material | Conversion | ||
| Work in Process, beginning | 0 | ||
| Started during the current period | 13500 | ||
| Total units to account for | 13500 | ||
| Units accounted for: | |||
| Unit completed & Transferred out | 5500 | 5500 | 5500 |
| Closing WIP: | 8000 | ||
| Material (100%) | 8000 | ||
| Conversion (75%) | 6000 | ||
| Equivalent units of production | 13500 | 13500 | 11500 |
|
Azucar Inc. Decolorization Department Computation of Cost per equivalent unit of Production |
||
| Particulars | Material | Conversion |
| Opening WIP | $0.00 | $0.00 |
| Cost Added during Period | $3,000,000.00 | $1,725,000.00 |
| Total cost to be accounted for | $3,000,000.00 | $1,725,000.00 |
| Equivalent units of production | 13500 | 11500 |
| Cost per Equivalent unit | $222.22 | $150.00 |
Hence option A is correct.
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