Alpha Company uses a process cost system. During 2017, Alpha had no beginning work in process inventory. During 2017, Alpha started 700 units. Alpha had 200 units in work in process at the end of 2017. These units were 50% complete with respect to materials. Use this information to determine the equivalent units for direct materials. (Round & enter final answers to nearest whole number of units)
Equivalent units for direct materials=600 units (Refer Note)
NOTE:
|
Cost |
Materials |
|
|
Particulars |
% |
Equivalent Units |
|
Opening WIP {0 units} |
0 |
0 |
|
Units introduced{ 500 units} And completed |
100% |
500 units |
|
Closing WIP { 200 units} |
50% |
100 units |
|
Total |
600 units |
|
Alpha Company uses a process cost system. During 2017, Alpha had no beginning work in process...
Alpha Company uses a process cost system. During 2017, Alpha had no beginning work in process inventory. During 2017, Alpha started 700 units. Alpha had 200 units in work in process at the end of 2017. These units were 50% complete with respect to materials. Use this information to determine the equivalent units for direct materials. (Round & enter final answers to nearest whole number of units)
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