Question

Required information Use the following information for the Exercises below. The following information applies to the questions displayed below) During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 81000 were in process in the production department at the beginning of April and 324,000 were started and completed in April. April's beginning inventory units were 65% complete with respect to materials and 35% complete with respect to conversion. At the end of April, 103.000 additional units were in process in the production department and were 80% complete with respect to materials and 30% complete with respect to conversion Book Print Exercise 16-8 Weighted average: Computing equivalent units of production LO C2 rences 1. Compute the number of units transferred to finished goods, 2. Compute the number of equivalent units with respect to both materials used and conversion used in the production department for April using the weighted average method Complete this question by entering your answers in the tabs below. Required: Required 2 Compute the number of units transferred to finished goods. Units transferred out und Required 2) Prey 1 of 4 ! Next >

Answer 1

Answer

1 physical unit

Particulars	units
Beginning work in progress	81,000
Started	324,000
Total	405,000
Complete and transferred out	302,000
Ending work in progress	103,000
Total	405,000

Number of units transferred out is 302,000 units.

2

Particulars	Materials	Conversion
Transferred out	302,000	302,000
Ending work in progress	82,400	30,900
Equivalent unit	384,400	332,900

Ending inventory equivalent unit in materials

= 10,3000 × 80% = 82,400 units

Ending inventory equivalent unit in conversion

= 10,3000 × 30% = 30,900 units

Equivalent unit of material is 384,400 units

Equivalent unit of conversion is 332,900

The above are the detailed calculations and explanations.

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