Question

Equivalent Units of Production The Converting Department of Hopkinsville Company had 720 units in work in process at the beginning of the period, which were 75% complete. During the period, 15,200 units were completed and transferred to the Packing Department. There were 800 units in process at the end of the period, which were 30% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount is zero, enter in "0". Hopkinsville Company Number of Equivalent Units of Production Whole Units Direct Materials Equivalent Units Conversion Equivalent Units Inventory in process, beginning Started and completed Transferred to Packing Department Inventory in process, ending Total

Answer 1

	Direct Materials	Conversion Costs
Equivalent Units of production	15,280.00	14,900.00
Statement of Equivalent production
Particulars	Direct Materials	%completion	Equivalent mat	Conversion	%completion	Equivalent Conv
Beginning WIP	720.00	0%	-	720.00	25%	180.00
Units started and completed = 15,200 - 720	14,480.00	100%	14,480.00	14,480.00	100%	14,480.00
Units transferred	15,200.00			15,200.00
ending WIP	800.00	100%	800.00	800.00	30%	240.00
Equivalent Units of production			15,280.00			14,900.00