b.
Baking Department Equivalent Units of Production For Direct Materials and Conversion Costs For March |
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Whole Units |
Direct Material Equivalent Units |
Conversion Equivalent Units | |
Inventory in process, March 1 | 4,200 | 0 | 1,680 (4,200*2/5) |
Started and completed in March | 72,300 | 72,300 | 72,300 |
Transferred to finished goods in March | 76,500 | 72,300 | 73,980 |
Inventory in process, March 31 | 3,300 | 3,300 | 1,320 (3,300*2/5) |
Total | 79,800 | 75,600 | 75,300 |
Equivalent Units of Production The following information concerns production in the Baking Department for March. All...
Equivalent Units of Production The following information concerns production in the Baking Department for March. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process -Baking Department ACCOUNT NO. Balance Debit Credit Date Item DebitCredit March 1 Bal., 5,400 units, 4/S completed 31 Direct materials, 97,200 units 165,240 31 Direct labor 31 Factory overhead 31 Goods finished, 98,400 units 31 Ba. ? units, 2/5 completed 18,360 183,600 226,500 250,632 242,3168,316 8.316 42,900 24,132 a....
Equivalent Units of Production The following information concerns production in the Baking Department for March. 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 Mar. 3,060 137,700 140,760 40,540 181,300 1 Bal., 5,100 units, 4/5 completed 31 Direct materials, 91,800 units 31 Direct labor 31 Factory overhead 31 Goods finished, 93,000 units 31 Bal. ? units, 2/5 completed 22,796 197,154 204,096 6,942 6,942...
Equivalent Units of Production The following information concerns production in the Baking Department for March. 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 Mar. 1 Bal., 5,700 units, 2/3 completed 5,320 31 Direct materials, 102,600 units 143,640 148,960 31 Direct labor 39,810 188,770 31 Factory overhead 22,386 211,156 31 Goods finished, 104,100 units 203,260 7,896 31 Bal. ? units, 4/5 completed 7,896...
Equivalent Units of Production The following information concerns production in the Baking Department for March. 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 Mar. 1 Bal., 7,800 units, 2/3 completed 8,840 31 Direct materials, 140,400 units 31 Direct labor 31 Factory overhead 31 Goods finished, 142,200 units 238,680 63,530 35,730 247,520 311,050 346,780 13,560 13,560 333,220 31 Bal ? units, 4/5 completed...
Equivalent Units of Production The following information concerns production in the Baking Department for March. 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 Mar. 1 Bal., 18,000 units, 1⁄4 completed 14,760 31 Direct materials, 336,000 units 252,000 266,760 31 Direct labor 40,000 306,760 31 Factory overhead 60,530 367,290 31 Goods finished, 330,000 units 346,410 20,880 31 Bal. ? units, 2⁄5 completed 20,880...
Equivalent Units of Production The following information concerns production in the Baking Department for March. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process-Baking Department ACCOUNT NO. Balance Debit Credit Date Item Debit Credit 1 Bal., 5,100 units, 4/5 completed 31 Direct materials, 91,800 units 31 Direct labor 31 Factory overhead 31 Goods finished, 93,000 units 31 Bal.? units, 2/5 completed Mar. 3,672 168,912 215,242 241,296 233,028 8,268 8,268 165,240 46,330 26,054 a....
Equivalent Units of Production The following information concerns production in the Baking Department for March. 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 March 1 Bal., 9,000 units, 4/5 completed 31 Direct materials, 162,000 units 243,000 27,000 270,000 342,150 382,728 31 Direct labor 72,150 40,578 31 Factory overhead 31 Goods finished, 164,100 units 369,480 13,248 13,248 31 Bal. ? units, 3/5 completed...
Equivalent Units of Production The following information concerns production in the Baking Department for March. 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 March 1 Bal., 6,300 units, 4/5 completed 18,900 31 Direct materials, 113,400 units 170,100 189,000 31 Direct labor 50,510 239,510 31 Factory overhead 28,408 267,918 31 Goods finished, 114,900 units 258,702 9,216 31 Bal. ? units, 3/5 completed 9,216...
Equivalent Units of Production The following information concerns production in the Baking Department for March. 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 March 1 Bal., 6,900 units, 4/5 completed 23,460 31 Direct materials, 124,200 units 211,140 234,600 31 Direct labor 55,350 289,950 31 Factory overhead 31,128 321,078 31 Goods finished, 126,000 units 310,266 10,812 31 Bal. ? units, 3/5 completed 10,812...
Equivalent Units of Production The following information concerns production in the Baking Department for March. 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 March 1 Bal., 8,100 units, 3/5 completed 25,920 31 Direct materials, 145,800 units 233,280 259,200 31 Direct labor 65,640 324,840 31 Factory overhead 36,924 361,764 31 Goods finished, 147,600 units 349,038 12,726 31 Bal. ? units, 3/5 completed 12,726...