The charges to Work in ProcessAssembly Department for a period, together with information concerning production, are as
Question:
The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production.
Determine the following:
a. The number of units in work in process inventory at the end of the period
b. Equivalent units of production for direct materials and conversion
c. Costs per equivalent unit for direct materials and conversion
d. Cost of the units started and completed during the period
Transcribed Image Text:
Work in Process-Assembly Department 72,360 To Finished Goods, 41,500 units Bal., 9,000 units, 40% completed Direct materials, 40,000 units @ $6.80 Direct labor Factory overhead Bal., ? units, 30% completed 272,000 80,000 40,450
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a Units in process at beginning of period 9000 Units placed in production d...View the full answer
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Related Book For
Forensic And Investigative Accounting
ISBN: 9780808056300
10th Edition
Authors: G. Stevenson Smith D. Larry Crumbley, Edmund D. Fenton
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