The following information concerns production in the Extruding Department for August. All direct materials are placed in
Question:
a. Determine the number of units in work in process inventory at the end of the month.
b. Determine the equivalent units of production for direct materials and conversion costs inAugust.
Transcribed Image Text:
ACCOUNT Work in Process-Extruding Department ACCOUNT NO Balance Date Item Debit Credit Debit Credit Aug 1 B, 12,000 units, 2ls completed 31 Direct materials, 125,000 units 31 Direct labor 31 Factory overhead 31 Goods finished, 118,000 units 31 Bal.-units, s completed 26,000 263,500 331,500 369,410 237,500 68,000 37,910 323,62045,790 45,790
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Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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