Question: Please show how you did these problems Thank you Equivalent Units of Production The following information concerns production in the Baking Department for May. All
Please show how you did these problems Thank you
Equivalent Units of Production The following information concerns production in the Baking Department for May. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process-Baking Department ACCOUNT NO. Balance Debit Credit Date Item Debit Credit May. 1 Bal., 5,700 units, 2/3 completed 7,220 31 Direct materials, 102,600 units 194,940 202,160 31 Direct labor 254,370 52,210 283,744 31 Factory overhead 29,374 31 Goods finished, 104,100 units 274,420 9,324 31 Bal. units, 2/5 completed 9,324 a. Determine the number of units in work in process inventory at the end of the month. 4,200 units Feedback b. Determine the equivalent units of production for direct materials and conversion costs in May. If an amount is zero, enter in "0". Baking Department Equivalent Units of Production for Direct Materials and Conversion Costs For May Whole Units Equivalent Units Direct Materials Equivalent Units Conversion Inventory in process, May 1 5,700 1,900 98,900 X 98,900 X 98,900 X Started and completed in May Transferred to finished goods in May 104,100 104,100 X 104,100 X Inventory in process, May 31 4,200 4,200 1,680 212,900 X 207,200 X 206,580 X Total
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