Homework Chapter M:3

Question 1.

Requirements Compute the equivalent units of production for direct materials and conversion costs for each independent scenario: 1. Units in process at the end of August are 20% complete; materials are added at the beginning of the process. . Units in process at the end of August are 80% complete; materials are added at the beginning of the process. . Units in process at the end of August are 20% complete; materials are added at the end of the process. . Units in process at the end of August are 80% complete; materials are added at the halfway point. Williams Company has the following data for the Assembly Department for August: a (Click the icon to View the data.) Conversion costs are added evenly throughout the process. The company uses the weighted-average method. Scenario 1. Units in process at the end of August are 20% complete; materials are added at the beginning of the process. Williams Company Production Cost Report - Assembly Department (Partial) Month Ended August 31 Equivalent Units Physical Direct Conversion UNITS Units Materials Costs Units accounted for: Completed and transferred out Endingwork-in-process E;; Total units accounted for g;; Requirements Compute the Blending Department's equivalent units of production for direct materials and for conversion costs. Compute the total costs of the units (gallons) a. completed and transferred out to the Packaging Department. b. in the Blending Department ending Work-in-Process Inventory. You're an Artist prepares and pad