Summarize flow of physical units and compute total equivalent units for three cost categories: transferred- in,...
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Summarize flow of physical units and compute total equivalent units for three cost categories: transferred- in, direct materials, and conversion costs. . Summarize total costs to account for and compute the cost per equivalent unit for each cost category. . Assign total costs to (a) units completed and transferred to Finished Goods Inventory and (b) units in December 31 Work in Process Inventory. Data table Units: Work in process, December 1 (80% of the way through the process) Transferred in from the Polishing and Cutting Department during December Completed during December Work in process, December 31 (70% of the way through the process) Costs: Work in process, December 1 (transferred-in costs, $21,600; direct materials costs, $20,350; and conversion costs, $27,690) 6,000 units 29,000 units ? units 7,000 units 69,640 Transferred in from the Polishing and Cutting Department during December 97,400 Direct materials added during December 63,650 Conversion costs added during December 90,750 Alpha Semiconductors experienced the following activity in its Photolithography Department during December. Materials are added at the beginning of the photolithography process. Flow of Production Units to account for: Units accounted for: Total equivalent units Photolithography Department Equivalent Unit Computation Month Ended December 31 Flow of Equivalent Units Physical Transferred- Direct Conversion Units in Materials Costs Requirement 2. Summarize total costs to account for and compute the cost per equivalent unit for each cost category. (Enter your answer to two decimal places.) Photolithography Department Cost per equivalent unit Cost per Equivalent Unit Month Ended December 31 Transferred- Direct Conversion in Materials Costs Total Requirement 3. Assign total costs to units completed and transferred to Finished Goods Inventory and units in December 31 Work in Process Inventory. (Enter quantities first, then the cost per equivalent unit amounts in the same order as calculated in the preceding step.) Photolithography Department Completed and transferred out: Ending work in process: Total costs accounted for Month Ended December 31 Assigning Costs Transferred- Direct Conversion in Materials Costs Total Requirement 3. Assign total costs to units completed and transferred to Finished Goods Inventory and units in December 31 Work in Process Inventory. (Enter quantities first, then the cost per equivalent unit amounts in the same order as calculated in the preceding step.) Photolithography Department Costs assigned to units completed and transferred out Costs assigned to units in beginning work in process, December 1 Costs assigned to units in ending work in process, December 31 Equivalent units completed and transferred out Equivalent units in beginning work in process, December 1 Equivalent units in ending work in process, December 31 Total costs accounted for Direct Conversion Materials Costs Total Divided by: Ending work in process units Divided by: Total equivalent units Divided by: Units completed and transferred out Less: Costs added after December Less: Costs added before December Less: Costs added during December Multiplied by: Ending work in process units Multiplied by: Total equivalent units ost per equivalent unit This question: 1 poi hography Department during December. Materials are added at the beg e cost per equivalent unit for each cost category. (Enter your answer to ment nit r 31 Direct Conversion Materials Costs Total Requirement 1. Summarize flow of physical units and compute total equivalent units for three cost categories: transferred-in, direct materials, and conversion costs. Photolithography Department Equivalent Unit Computation Flow of Production Units to account for: Month Ended December 31 Flow of Equivalent Units Physical Transferred- Direct Conversion Units in Materials Costs Plus: Beginning work in process, December 1 Plus: Ending work in process, December 31 Plus: Transferred in during December Summarize flow of physical units and compute total equivalent units for three cost categories: transferred- in, direct materials, and conversion costs. . Summarize total costs to account for and compute the cost per equivalent unit for each cost category. . Assign total costs to (a) units completed and transferred to Finished Goods Inventory and (b) units in December 31 Work in Process Inventory. Data table Units: Work in process, December 1 (80% of the way through the process) Transferred in from the Polishing and Cutting Department during December Completed during December Work in process, December 31 (70% of the way through the process) Costs: Work in process, December 1 (transferred-in costs, $21,600; direct materials costs, $20,350; and conversion costs, $27,690) 6,000 units 29,000 units ? units 7,000 units 69,640 Transferred in from the Polishing and Cutting Department during December 97,400 Direct materials added during December 63,650 Conversion costs added during December 90,750 Alpha Semiconductors experienced the following activity in its Photolithography Department during December. Materials are added at the beginning of the photolithography process. Flow of Production Units to account for: Units accounted for: Total equivalent units Photolithography Department Equivalent Unit Computation Month Ended December 31 Flow of Equivalent Units Physical Transferred- Direct Conversion Units in Materials Costs Requirement 2. Summarize total costs to account for and compute the cost per equivalent unit for each cost category. (Enter your answer to two decimal places.) Photolithography Department Cost per equivalent unit Cost per Equivalent Unit Month Ended December 31 Transferred- Direct Conversion in Materials Costs Total Requirement 3. Assign total costs to units completed and transferred to Finished Goods Inventory and units in December 31 Work in Process Inventory. (Enter quantities first, then the cost per equivalent unit amounts in the same order as calculated in the preceding step.) Photolithography Department Completed and transferred out: Ending work in process: Total costs accounted for Month Ended December 31 Assigning Costs Transferred- Direct Conversion in Materials Costs Total Requirement 3. Assign total costs to units completed and transferred to Finished Goods Inventory and units in December 31 Work in Process Inventory. (Enter quantities first, then the cost per equivalent unit amounts in the same order as calculated in the preceding step.) Photolithography Department Costs assigned to units completed and transferred out Costs assigned to units in beginning work in process, December 1 Costs assigned to units in ending work in process, December 31 Equivalent units completed and transferred out Equivalent units in beginning work in process, December 1 Equivalent units in ending work in process, December 31 Total costs accounted for Direct Conversion Materials Costs Total Divided by: Ending work in process units Divided by: Total equivalent units Divided by: Units completed and transferred out Less: Costs added after December Less: Costs added before December Less: Costs added during December Multiplied by: Ending work in process units Multiplied by: Total equivalent units ost per equivalent unit This question: 1 poi hography Department during December. Materials are added at the beg e cost per equivalent unit for each cost category. (Enter your answer to ment nit r 31 Direct Conversion Materials Costs Total Requirement 1. Summarize flow of physical units and compute total equivalent units for three cost categories: transferred-in, direct materials, and conversion costs. Photolithography Department Equivalent Unit Computation Flow of Production Units to account for: Month Ended December 31 Flow of Equivalent Units Physical Transferred- Direct Conversion Units in Materials Costs Plus: Beginning work in process, December 1 Plus: Ending work in process, December 31 Plus: Transferred in during December
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