Question

is fous able on the f Trendy Clothing, Inc., is a manufacturer of winter clothes. It has a king department and a fishing department. This added evenly during the process Suppose that Trendy uses the FIFO method. The following information for June 2017 is Click the loon to view the information) Read the requirements ing department Direc Question Help ed at the end of the process Convenio Requirement 1. Galolate equivalent units of work done in the current period for transferred in costs, direct materials and conversion costs to complete beginning work in process process Enter for any zero balances) art and com ents and to produce ending work in Physical Units Equivalent Units Transferred in Direct Costo Materials Conversion Costs Work in process, beginning Transferred during current period Completed and transferred out during current period From beginning work in process Started and completed Work in process, ending Equivalent units of work done in

Answer 1

Req. 1) Equivalent units:
		Equivalent units
	Physical units	Transferred in Costs	Direct Materials	Conversion costs
WIP, beginning	60
Transferred-in during current period	100
To account for	160
Completed and transferred out during current period:
WIP, beginning	60		60   (100%)	30   (50%)
Started and Completed	60	60 (100%)	60   (100%)	60   (100%)
WIP, ending	40	40   (100%)		30   (75%)
Accounted for	160
Equivalent units for work done in current period		100	120	120