Question

Required information Use the following information for the Exercises below. (The following information applies to the questions displayed below. During April, the first production department of a process manufacturing system completed its work on 300,000 units of a product and transferred them to the next department. Of these transferred units, 60,000 were in process in the production department at the beginning of April and 240,000 were started and completed in April. April's beginning inventory units were 60% complete with respect to materials and 40% complete with respect to conversion. At the end of April, 82,000 additional units were in process in the production department and were 80% complete with respect to materials and 30% complete with respect to conversion. Exercise 20-8 Weighted average: Computing equivalent units of production LO C2 Compute the number of equivalent units with respect to both materials used and conversion used in the first production department for April using the weighted average method. rsior EUP-Con rsion Equivalent Units of Production - Weighted Average Units % Materials UP—Materials 100% 80% Total

Answer 1

B D F A C E 1 Equivalent units of production (EUP)- weighted average method 2 Units % Materials EUP-Materials % Conversion EUP-Conversion 3 Units completed and transferred out 300,000 100% $ 300,000 100% $ 300,000 4 Units of ending goods in process 82,000 80% $ 65,600 30% $ 24,600 5 Equivalent units of production 382,000 $ 365,600 $ 324,600

D A B C E F 1 Equivalent units of production (EUP)- weighted average method 2 Units % Materials EUP- Materials % Conversion EUP-Conversion 3 Units completed and transferred out 300000 1 =+B3*C3 1 =+B3*E3 4 Units of ending goods in process 82000 0.8 =+B4*C4 0.3 =+B4E4 5 Equivalent units of production =+B3+B4 =+D3+D4 =+F3+F4