Question

The Converting Department of Hopkinsville Company had 760 units in work in process at the beginning of the period, which were 25% complete. During the period, 16,000 units were completed and transferred to the Packing Department. There were 840 units in process at the end of the period, which were 25% 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".

Hopkinsville Company
Number of Equivalent Units of Production
	Whole Units	Direct Materials Equivalent Units	Conversion Equivalent Units
Inventory in process, beginning
Started and completed
Transferred to Packing Department
Inventory in process, ending
Total

Answer 1

Answer-

HOPKINSVILLE COMPANY
Statment of Equivalent Production units
Under FIFO Method
Particluars	Input Units	Particulars	Output Units	Equivalent Production
				%	Materials	%	Conversion Costs
Opening Work in process	760	Opening Work in process	760	75	570	75	570
Units introduced	16840	Units completed (Transferred to next process)	16000	100	16000	100	16000
		Closing work in process	840	25	210	25	210
Total	17600		17600		16780		16780