The Assembly Department for Blossom has the following production data for the current month. Beginning Work...

   

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The Assembly Department for Blossom has the following production data for the current month. Beginning Work in Process -0- Units Completed and Transferred Out 16.000 The equivalent units of production Ending Work in Process 8,000 Materials are entered at the beginning of the process. The ending work in process units are 70% complete as to conversion costs. Compute the equivalent units of production for (a) materials and (b) conversion costs. Materials 24,000 Conversion costs Month January March May July Beginning Work in Process Units 0 0 0 0 Conversion Cost% - 1 Units Completed and Transferred Out 9,460 10,320 Ending Work in Process Units 1,720 2,580 12,040 6,020 8.600 1,260 Conversion Cost% 60 30 80 40 For January and May, compute the physical units to be accounted for and the physical units accounted for. Units to be accounted for Beginning work in process Started into production Total units Units accounted for Transferred out Ending work in process Total units January 11,180 11,180 May 0 I The Assembly Department for Blossom has the following production data for the current month. Beginning Work in Process -0- Units Completed and Transferred Out 16.000 The equivalent units of production Ending Work in Process 8,000 Materials are entered at the beginning of the process. The ending work in process units are 70% complete as to conversion costs. Compute the equivalent units of production for (a) materials and (b) conversion costs. Materials 24,000 Conversion costs Month January March May July Beginning Work in Process Units 0 0 0 0 Conversion Cost% - 1 Units Completed and Transferred Out 9,460 10,320 Ending Work in Process Units 1,720 2,580 12,040 6,020 8.600 1,260 Conversion Cost% 60 30 80 40 For January and May, compute the physical units to be accounted for and the physical units accounted for. Units to be accounted for Beginning work in process Started into production Total units Units accounted for Transferred out Ending work in process Total units January 11,180 11,180 May 0 I

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SOLUTION To compute the equivalent units of production for materials and conversion costs we need to consider the units that are completed and transferred out as well as the ending work in process uni... View the full answer