UNIT RECONCILIATION: Quantity Schedule Beginning Work in Process 200,000 

Started into Production 400,000 

Total Units into Production 600,000 

Equivalent Units Calculations: 

Conversion Direct Materials Direct Labor Factory Overhead 

Transferred to Next Department 500,000 500,000 500,000 500,000 

Ending Work in Process 100,000 80,000 50,000 50,000 

Total Units Reconciled 600,000 580,000 550,000 550,000 

Cost Per Equivalent Unit: 

Conversion Total Cost Direct Materials Direct Labor Factory Overhead Beginning 

Work in Process $ 748,000 $ 375,000 $ 300,000 $ 73,000 

Started into Production 1,600,000 785,000 690,000 125,000 

Total Cost $ 2,348,000 $ 1,160,000 $ 990,000 $ 198,000

Equivalent Units ?

Answer rating: 100% (QA)

1 Total equivalent units into production Beginning WIP Started into production 200000 40... View the full answer