Solution:
Finishing Department - Computation of Equivalent units | |||
Particulars | Physical Units | Equivalent units | |
Material | Conversion | ||
Work in Process, beginning | 1000 | ||
Started during the current period | 16000 | ||
Total units to account for | 17000 | ||
Units accounted for: | |||
Unit completed & Transferred out | 13000 | 13000 | 13000 |
Closing WIP: | 4000 | ||
Material (50%) | 2000 | ||
Conversion (70%) | 2800 | ||
Equivalent units of production | 17000 | 15000 | 15800 |
. 18 The Finishing Department we vetured- a Units are received fro the Assembly Depart Show physical units and comp...