Question

Equivalent Units of Production The Converting Department of Soft Touch Towel and Tissue Company had 840 units in work in process at the beginning of the period, which were 70% complete. During the period, 17,600 units were completed and transferred to the Packing Department. There were 960 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", Soft Touch Towel and Tissue Company Number of Equivalent Units of Production Direct Materials Conversion Whole Units Inventory in process, beginning Started and completed Transferred to Packing Department Inventory in process, ending Total

Answer 1

Number of equivalent units of Production(Weighted average)
	Whole units	Direct materials Equivalent units	Conversion Equivalent units
Inventory in process, beginning	840	840	840
Started and completed	16760	16760	16760
Transferred to packing department	17600	17600	17600
Inventory in process, ending	960	960	288
Total	18560	18560	17888
Number of equivalent units of Production(FIFO)
	Whole units	Direct materials Equivalent units	Conversion Equivalent units
Inventory in process, beginning	840	0	252
Started and completed	16760	16760	16760
Transferred to packing department	17600	16760	17012
Inventory in process, ending	960	960	288
Total	18560	17720	17300