Question

Exercise 16-8 Weighted average: Computing equivalent units of production @c2 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. 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.

i need 16-9 answered but 16-8 has the needed information.

Answer 1

1. & 2.

	Material	Conversion	Total
Cost of Beginning Work in Process	$      118,472	$          48,594	$      167,066
Cost added during the period	$      850,368	$        649,296	$ 1,499,664
Total Cost to account for	$     968,840	$        697,890	$ 1,666,730
Equivalent units of Production	365600	324600
Cost per Equivalent unit	$            2.65	$              2.15	$            4.80

3.

	Material	Conversion	Total
Units Completed and transferred out
Units transferred to next department	300000	300000
Cost per equivalent unit	$            2.65	$              2.15
Cost of units transferred out	$     795,000	$        645,000	$ 1,440,000
	Material	Conversion	Total
Ending work in Process Inventory
Equivalent units of Production	65600	24600
Cost per equivalent unit	$            2.65	$              2.15
Cost of Ending work in Process Inventory	$     173,840	$          52,890	$     226,730

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