Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October:
| Percent Completed | |||||
| Units | Materials | Conversion | |||
| Work in process, October 1 | 54,000 | 90 | % | 65 | % |
| Work in process, October 31 | 32,000 | 68 | % | 51 | % |
The department started 393,000 units into production during the month and transferred 415,000 completed units to the next department.
Required:
Compute the equivalent units of production for October.
Homework Answers
Answer
- Requirement
Computation of Equivalent units
|
EUP - Weighted Average Method |
Units |
% Material |
EUP Materials |
% Conversion |
EUP - Conversion |
|
Units TRANSFERRED |
415,000 |
100% |
415,000 |
100% |
415,000 |
|
Units of ENDING WIP |
32,000 |
68% |
21,760 |
51% |
16,320 |
|
Equivalent Units of Production |
436,760 Answer |
431,320 Answer |
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Clonex Labs, Inc., uses the weighted-average method in its
process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion Work in process, October 1 54,000 90 % 60 % Work in process, October 31 35,000 73 % 45 % The department started 396,000 units into production during the month and transferred 415,000 completed units to the next department. Required: Compute the equivalent units of production for October.
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data...
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: Percent Completed Materials Conversion 85 % 65% 68% 51% Units 46,000 36,000 Work in process, October 1 Work in process, October 31 The department started 402,000 units into production during the month and transferred 412,000 completed units to the next department. Required: Compute the equivalent units of production for October Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October Percent Completed Materials Conversion 95% 50% 65% Units 54,000 39,000 Work in process, October 1 Work in process, October 31 The department started 399,000 units into production during the month and transferred 414,000 completed units to the next department. Required: Compute the equivalent units of production for October Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion Work in process, October 1 51,000 90 % 60 % Work in process, October 31 37,000 66 % 50 % The department started 401,000 units into production during the month and transferred 415,000 completed units to the next department. Required: Compute the equivalent units of production for October.
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data...
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October Percent Completed Materials Conversion sek 555 72% 54% Units 51.000 3e,eee Work in process, October 1 Work in process, October 31 The department started 393,000 units into production during the month and transferred 414,000 completed units to the next department Required: Compute the equivalent units of production for October Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion Work in process, October 1 53,000 90 % 55 % Work in process, October 31 38,000 68 % 48 % The department started 396,000 units into production during the month and transferred 411,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October Percent Completed Units Materials Conversion Work in process, October 1 46,000 90 % 60 % Work in process, October 31 35,000 73 % 51 % The department started 398,000 units into production during the month and transferred 409,000 completed units to the next department. Required: Compute the equivalent units of production for October.
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its
process costing system. The following data are available for one
department for October:
Percent Completed
Units
Materials
Conversion
Work in process,
October 1
52,000
85
%
55
%
Work in process, October 31
34,000
68
%
49
%
The department started 392,000 units into production during the
month and transferred 410,000 completed units to the next
department.
Required Compute the equivalent units of production for October. Materials Conversion Equivalent units of...
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data...
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: Percent Completed Materials Conversion 95% 65% 73% 46% Units 50,000 33,000 Work in process, October 1 Work in process, October 31 The department started 396,000 units into production during the month and transferred 413,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data...
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: Percent Completed Materials Conversion 85% 65% 71% 55% Units 48,000 28,eee Work in process, October 1 Work in process, October 31 The department started 387,000 units into production during the month and transferred 407,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: Percent Completed Materials Conversion 85 % 65% 68% 51% Units 46,000 36,000 Work in process, October 1 Work in process, October 31 The department started 402,000 units into production during the month and transferred 412,000 completed units to the next department. Required: Compute the equivalent units of production for October Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October Percent Completed Materials Conversion 95% 50% 65% Units 54,000 39,000 Work in process, October 1 Work in process, October 31 The department started 399,000 units into production during the month and transferred 414,000 completed units to the next department. Required: Compute the equivalent units of production for October Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October Percent Completed Materials Conversion sek 555 72% 54% Units 51.000 3e,eee Work in process, October 1 Work in process, October 31 The department started 393,000 units into production during the month and transferred 414,000 completed units to the next department Required: Compute the equivalent units of production for October Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted-average method in its
process costing system. The following data are available for one
department for October:
Percent Completed
Units
Materials
Conversion
Work in process,
October 1
52,000
85
%
55
%
Work in process, October 31
34,000
68
%
49
%
The department started 392,000 units into production during the
month and transferred 410,000 completed units to the next
department.
Required Compute the equivalent units of production for October. Materials Conversion Equivalent units of...
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: Percent Completed Materials Conversion 95% 65% 73% 46% Units 50,000 33,000 Work in process, October 1 Work in process, October 31 The department started 396,000 units into production during the month and transferred 413,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: Percent Completed Materials Conversion 85% 65% 71% 55% Units 48,000 28,eee Work in process, October 1 Work in process, October 31 The department started 387,000 units into production during the month and transferred 407,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production
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