Selected production and cost data of Marthas Fudge follow for May: On May 31, the Mixing Departments
Question:
On May 31, the Mixing Departments ending work in process inventory was 70% complete as to materials and 20% complete as to conversion costs.
Requirement
Compute the equivalent units for transferred-in costs, direct materials, and conversion costs
for both the Mixing and the Heating Departments.
Transcribed Image Text:
Flow of Physical Units Heating Mixing Department Flow of Production Department Units to account for: Beginning work in process, May 1.. Transferred in during May Total physical units to account for.. 90,000 6,000 80,000 86,000 70,000 Units accounted for: Completed and transferred out during May Ending work in process, May 31 10,000 76,000 10,000 86,000 Total physical units accounted for... 90,000
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Related Book For
Managerial Accounting
ISBN: 978-0176223311
1st Canadian Edition
Authors: Karen Wilken Braun, Wendy Tietz, Walter Harrison, Rhonda Pyp
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