![Required information SB (Algo) Calculating Physical Units and Equivalent Units [LO 3-2, 3-3, 3-S1] [The following information](http://img.homeworklib.com/questions/af7949f0-10e9-11eb-8c4d-b10fc7874f17.png?x-oss-process=image/resize,w_560)
Homework Answers
1. Reconciliation to find missing figures
| Beginning | ||||||
| Work in progress | Ending WIP | |||||
| Month | Units | Conversion complete % | Units started | Units Trf out | Units | Conversion complete % |
| February | 1600 | 44% | 25700(19800+7500-1600) | 19800 | 7500 | 22% |
| June | 4800 | 67% | 23900 | 25400(4800+23900-3300) | 3300 | 36% |
| September | 3400(3000+26000-25600) | 22% | 25600 | 26000 | 3000 | 56% |
| December | 3400 | 39% | 22500 | 21100 | 4800(3400+22500-21100) | 78% |
2. Calculation of number of equivalent units for both material & conversion costs
| Month | Material | Conversion costs |
| Feb | 19800+7500 = 27300 | 19800+(7500*22%)=21,450 |
| June | 25400+3300=28700 | 25400+(3300*36%)=26588 |
| Sep | 26000+4800=29000 | 26000+(3000*56%)=27680 |
| Dec | 21,100+4800=25900 | 21100+(4800*77%)=24796 |
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