Equivalent Units of Production and Related Costs The charges to Work in Process—Baking Department for a period as well a...
Equivalent Units of Production and Related Costs
The charges to Work in Process—Baking Department for a period as well as information concerning production are as follows. The Baking Department uses the average cost method, and all direct materials are placed in process during production.
| Work in Process—Baking Department | |||
|---|---|---|---|
| Bal., 1,500 units, 30% completed | 4,620 | To Finished Goods, 10,800 units | ? |
| Direct materials, 11,000 units | 49,500 | ||
| Direct labor | 26,797 | ||
| Factory overhead | 13,804 | ||
| Bal., 1,700 units, 70% completed | ? | ||
If required, round cost per equivalent unit answer to two decimal places.
a. Determine the number of whole units to be
accounted for and to be assigned costs.
units
b. Determine the number of equivalent units of
production.
units
c. Determine the cost per equivalent
unit.
$ per equivalent unit
d. Determine the cost of the units transferred
to Finished Goods.
$
e. Determine the cost of units in ending Work in Process.
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Equivalent Units of Production and Related Costs The charges to Work in Process—Baking Department for a period as well a...
Equivalent Units of Production and Related Costs The charges to Work in Process—Baking Department for a...
Equivalent Units of Production and Related Costs The charges to Work in Process—Baking Department for a period as well as information concerning production are as follows. The Baking Department uses the average cost method, and all direct materials are placed in process during production. Work in Process—Baking Department Bal., 1,700 units, 60% completed 3,774 To Finished Goods, 12,200 units ? Direct materials, 12,400 units 40,300 Direct labor 19,667 Factory overhead 10,131 Bal., 1,900 units, 40% completed ? If required, round...
Equivalent Units of Production and Related Costs The charges to Work in Process—Baking Department for a...
Equivalent Units of Production and Related Costs The charges to Work in Process—Baking Department for a period as well as information concerning production are as follows. The Baking Department uses the weighted average method, and all direct materials are placed in process during production. Work in Process—Baking Department Bal., 900 units, 40% completed 2,466 To Finished Goods, 8,100 units ? Direct materials, 8,400 units 34,500 Direct labor 16,200 Factory overhead 8,574 Bal., 1,200 units, 60% completed ? a. Determine the...
Equivalent Units of Production and Related Costs The charges to Work in Process—Baking Department for a...
Equivalent Units of Production and Related Costs The charges to Work in Process—Baking Department for a period as well as information concerning production are as follows. The Baking Department uses the average cost method, and all direct materials are placed in process during production. Work in Process—Baking Department Bal., 1,800 units, 70% completed 3,222 To Finished Goods, 12,900 units ? Direct materials, 13,100 units 34,322 Direct labor 16,207 Factory overhead 8,349 Bal., 2,000 units, 30% completed ? If required, round...
Equivalent Units of Production and Related Costs The charges to Work in Process-Baking Department for a...
Equivalent Units of Production and Related Costs The charges to Work in Process-Baking Department for a period as well as information concerning production are as follows. The Baking Department uses the average cost method, and all direct materials are placed in process during production Work in Process-Baking Department Bal., 3,300 units, 60% completed Direct materials, 24,100 units Direct labor Factory overhead Bal., 3,700 units, 40% completed If required, round cost per equivalent unit answer to two decimal places. 8,250 To...
Equivalent Units of Production and Related Costs The charges to Work in Process-Baking Department for a...
Equivalent Units of Production and Related Costs The charges to Work in Process-Baking Department for a period as well as information concerning production are as follows. The Baking Department uses the average cost method, and all direct materials are placed in process during production. Work in Process-Baking Department Bal., 2,600 units, 40% completed 3,354 To Finished Goods, 18,700 units Direct materials, 19,000 units 35,720 Direct labor 18,729 Factory overhead 9,649 Bal., 2,900 units, 60% completed If required, round cost per...
Print Item Equivalent Units of Production and Related Costs The charges to Work in Process-Baking Department...
Print Item Equivalent Units of Production and Related Costs The charges to Work in Process-Baking Department for a period as well as information concerning production are as follows. The Baking all direct materials are placed in process during production. Work in Process-Baking Department Bal, 900 units, 40% completed Direct materials, 8,400 units Direct labor Factory overhead Bal, 1,200 units, 60% completed a. Determine the number of whole units to be accounted for and to be assigned costs. 2,466 To Finished...
Equivalent Units of Production and Related Costs The charges to Work in Process—Assembly Department for a...
Equivalent Units of Production and Related Costs The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process—Assembly Department Bal., 9,000 units, 40% completed 72,360 To Finished Goods, 41,500 units ? Direct materials, 40,000 units @ $6.80 272,000 Direct labor 80,000 Factory overhead 40,450 Bal., ? units, 30% completed ? Determine the following: a. The number of units...
Equivalent Units of Production and Related Costs The charges to Work in Process—Assembly Department for a...
Equivalent Units of Production and Related Costs The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process—Assembly Department Bal., 1,600 units, 35% completed 17,440 To Finished Goods, 29,600 units ? Direct materials, 29,000 units @ $9.50 275,500 Direct labor 84,600 Factory overhead 39,258 Bal. ? units, 45% completed ? Determine the following: a. The number of units...
Equivalent Units of Production and Related Costs The charges to Work in Process—Assembly Department for a...
Equivalent Units of Production and Related Costs The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process—Assembly Department Bal., 9,000 units, 40% completed 72,360 To Finished Goods, 41,500 units ? Direct materials, 40,000 units @ $6.80 272,000 Direct labor 80,000 Factory overhead 40,450 Bal., ? units, 30% completed ? Determine the following: a. The number of units...
Equivalent Units of Production and Related Costs The charges to Work in Process—Assembly Department for a...
Equivalent Units of Production and Related Costs The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process-Assembly Department Bal., 4,000 units, 50% completed 14,600 To Finished Goods, 92,000 units ? Direct materials, 94,000 units @ $1.90 178,600 Direct labor 257,700 Factory overhead 100,260 Bal. ? units, 70% completed ? Determine the following: a. The number of units...
Equivalent Units of Production and Related Costs The charges to Work in Process-Baking Department for a period as well as information concerning production are as follows. The Baking Department uses the average cost method, and all direct materials are placed in process during production Work in Process-Baking Department Bal., 3,300 units, 60% completed Direct materials, 24,100 units Direct labor Factory overhead Bal., 3,700 units, 40% completed If required, round cost per equivalent unit answer to two decimal places. 8,250 To...
Equivalent Units of Production and Related Costs The charges to Work in Process-Baking Department for a period as well as information concerning production are as follows. The Baking Department uses the average cost method, and all direct materials are placed in process during production. Work in Process-Baking Department Bal., 2,600 units, 40% completed 3,354 To Finished Goods, 18,700 units Direct materials, 19,000 units 35,720 Direct labor 18,729 Factory overhead 9,649 Bal., 2,900 units, 60% completed If required, round cost per...
Print Item Equivalent Units of Production and Related Costs The charges to Work in Process-Baking Department for a period as well as information concerning production are as follows. The Baking all direct materials are placed in process during production. Work in Process-Baking Department Bal, 900 units, 40% completed Direct materials, 8,400 units Direct labor Factory overhead Bal, 1,200 units, 60% completed a. Determine the number of whole units to be accounted for and to be assigned costs. 2,466 To Finished...
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