Question: pter 18: Homew X s://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%2534%252F%252Fnewconnect.mheducation.com... A 3: Homework Assignment i Saved Help Save & Exit Submit Check my work Galaxy Quest produces telescopes in a

pter 18: Homew X
pter 18: Homew X s://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%2534%252F%252Fnewconnect.mheducation.com... A" 3: Homework Assignment i Saved Help Save & Exit Submit Check my work Galaxy Quest produces telescopes in a single processing department. All direct materials used in the production of telescopes are added at the beginning of the process. Conversion costs (labor and overhead) are incurred evenly thereafter, as each unit is assembled, adjusted, and tested. The company uses process costing and has provided the following production information for January and February Jan. Feb. Number of units in beginning work in process inventory 270 Number of units started during the month 900 1 , 906 Total number of units transferred to finished goods 630 750 The units remaining in work in process at the end of January were approximately 70 percent complete with respect to their conversion costs. During the month of February, all of the beginning work in process units were completed and the units remaining in work in process at the end of the month were approximately 75 percent complete with respect to their conversion costs. a. For the month of January, calculate the equivalent units of input resources used for direct materials and conversion. b. For the month of February, calculate the equivalent units of input resources used for direct materials and conversion. Equivalent Units Produced January February Direct materials 900 1.000 Labor and overhead O L O F 5:1 search X Prisc F3 F4 F5 F6 F7 F8 F9 F10 E11 F 12 3 5 E R T Y U O

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