Refer to Short Exercises S20-8 and S20-9. Use Complete Foods's costs per equivalent unit of production for direct materials and conversion costs that you calculated in Short Exercise S20-9.
Calculate the cost of the 38,000 units completed and transferred out and the 24,000 units, 20% complete, in the ending Work-in-Process Inventory?
Refer in Short Exercise S20-8 and S20-9,
The Mixing Department of Complete Foods had 62,000 units to account for in October. Of the 62,000 units, 38,000 units were completed and transferred to the next department, and 24,000 units were 20% complete. All of the materials are added at the beginning of the process. Conversion costs are added evenly throughout the mixing process and the company uses the weighted-average method.
Compute the total equivalent units of production for direct materials and conversion costs for October?