ACC 202 problem set module 2 PDF

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PAGE FOUR OF THE SECOND MODULE ASSIGNMENT...

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Equivalent Units of Production The Converting Department of Worley Company had 1,200 units in work in process at the beginning of the period, which were 60% complete. During the period, 25,200 units were completed and transferred to the Packing Department. There were 1,360 units in process at the end of the period, which were 60% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount is zero, enter in "0". Worley Company Number of Equivalent Units of Production

Whole Units

Direct Materials Conversion Equivalent Units Equivalent Units

✔ Inventory in process, beginning

Started and completed

1,200

Total

19 Check My Works used

0

✔ 480

✔

✔

✔

24,000

24,000

24,000

✔

✔

✔

24,000

24,480

✔

✔

✔

1,360

1,360

✔

✔

✔

26,560

25,360

25,296

Transferred to Packing Department 25,200

Inventory in process, ending

✔

816...