Question

Overton Company has gathered the following information.

Exercise 21-10 (Part Level Submission) Overton Company has gathered the following information. 20,950 187,850 25,590 Units in

Compute equivalent units of production for materials and for conversion costs.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer:

a. Equivalent units of production for for materials and for conversion costs

Units in beginning work in process

20950

Units started into production

187850

Total units in process

208800

Units completed/transferred out

183210

Units in ending work in process

25590

Particulars

Direct Material

Conversion costs

% completed

Units

% completed

Units

Units transferred /completed

100%

183210

100%

183210

Work in process

100%

25590

60%

15354

Total Equivalent units

208800

198564

Add a comment
Know the answer?
Add Answer to:
Overton Company has gathered the following information. Compute equivalent units of production for materials and for...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Overton Company has gathered the following information. Need help with part C please Exercise 21-10 (Part...

    Overton Company has gathered the following information. Need help with part C please Exercise 21-10 (Part Level Submission) Overton Company has gathered the following information. 20,950 187,850 25,590 Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead 60 % 100 % $104,400 $309,960 $186,450 (a) Your answer is correct. Compute equivalent units of production for materials...

  • Exercise 16-10 (Part Level Submission) Overton Company has gathered the following information. Units in beginning work...

    Exercise 16-10 (Part Level Submission) Overton Company has gathered the following information. Units in beginning work in process 20,000 Units started into production 164,000 Units in ending work in process 24,000 Percent complete in ending work in process:     Conversion costs 60 %     Materials 100 % Costs incurred:     Direct materials $101,200     Direct labor $164,800     Overhead $184,000 (a) Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production

  • Exercise 17-10 Overton Company has gathered the following information. 21,050 236,950 24,760 Units in beginning work...

    Exercise 17-10 Overton Company has gathered the following information. 21,050 236,950 24,760 Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead 60 % 100 % $103,200 $359,351 $186,460 x Your answer is incorrect. Try again. Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production 282,760 T...

  • Exercise 3-10 (Part Level Submission) Overton Company has gathered the following information. 20,700 236,800 25,500 60...

    Exercise 3-10 (Part Level Submission) Overton Company has gathered the following information. 20,700 236,800 25,500 60 % Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead 100 % $ 103,000 $530,170 $ 187,000 (a) Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production

  • Question 7 Overton Company has gathered the following information. 21,240 230,760 24,120 Units in beginning work...

    Question 7 Overton Company has gathered the following information. 21,240 230,760 24,120 Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead 60 % 100 % $100,800 $321,469 $187,470 (a) Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production

  • Overton Company has gathered the following information. Units in beginning work in process 22,000 Units started...

    Overton Company has gathered the following information. Units in beginning work in process 22,000 Units started into production 182,000 Units in ending work in process 25,500 Percent complete in ending work in process: Conversion costs 60 % Materials 100 % Costs incurred: Direct materials $102,000 Direct labor $268,030 Overhead $187,400 . Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production Determine the unit costs of production. (Round unit costs to...

  • Exercise 3-10 (Part Level Submission) Overton Company has gathered the following information. 20,700 236,800 25,500 Units...

    Exercise 3-10 (Part Level Submission) Overton Company has gathered the following information. 20,700 236,800 25,500 Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead 60 % 100 % $ 103,000 $530,170 $187,000 (a) Your answer is correct. Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production...

  • Overton Company has gathered the following information. 21,700 222,700 25,400 Units in beginning work in process...

    Overton Company has gathered the following information. 21,700 222,700 25,400 Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead 60 % 100 % $ 109,980 $492,896 $186,400 Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production e Textbook and Media Determine the unit costs of production....

  • its, unit (E16-10 Overton Company has gathered the following information. costs. Units in beginning work in...

    its, unit (E16-10 Overton Company has gathered the following information. costs. Units in beginning work in process 20.000 Units started into production 164,000 Units in ending work in process 24,000 Percent complete in ending work in process: Conversion costs 60% Materials 100% Costs incurred: Direct materials $101,200 Direct labor $164,800 Overhead to $184,000 Instructions (a) Compute equivalent units of production for materials and for conversion costs. (b) Determine the unit costs of production. (c) Show the assignment of costs to...

  • Exercise 3-10 (Part Level Submission) Overton Company has gathered the following information. 20,700 236,800 25,500 Units...

    Exercise 3-10 (Part Level Submission) Overton Company has gathered the following information. 20,700 236,800 25,500 Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead 60 % 100 % $ 103,000 $530,170 $187,000 (a) Your answer is correct. Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT