Question

Equivalent Units of Production The Converting Department of Hopkinsville Company had 640 units in work in process at the beginning of the period, which were 60% complete. During the period, 13,600 units were completed and transferred to the Packing Department.

There were 720 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

Answer

Number of Equivalent Units of Production
	Whole Units	Direct Materials Equivalent Units	Conversion Equivalent Units
Inventory in process, beginning	640	-	256
Started and completed	12,960	12,960	12,960
Transferred to Packing Department	13,600	12,960	13,216
Inventory in process, ending	720	720	216
Total	14,320	13,680	13,432

--Workings

Number of Equivalent Units of Production
	Whole Units	Direct Materials Equivalent Units	Conversion Equivalent Units
Inventory in process, beginning	640	=640*0%	=640*40%
Started and completed	=13600-640	=12960*100%	=12960*100%
Transferred to Packing Department	13,600	12,960	13,216
Inventory in process, ending	720	=720*100%	=720*30%
Total	14,320	13,680	13,432