Question

the poliahing department of major company has the following production and manufacuring cost data for september....

the poliahing department of major company has the following production and manufacuring cost data for september. Materials are entered at the befinnjng kf the process.

production:Beginning inventory 1600 units that are 100% complete aa to material and 40 complet as to converson cost units started during the period are 44700 ensing jncentory of 7800 units 10% complete as to conversion cost

maufacuring cost begingj. inventory cost, comprised of $20,200 of materials and $15,530 of conversion during the month 224,264

Homework Answers

Answer #1

With given information only equivalent units could be calculated.

Since method is not specified, i have provided both methods as follows

Weighted Average Method

Physical units Material Conversion
Work in Process Beginning 1600
Started during the period 44700
To account for 46300
Units transferred 38500 38500 38500
Work in Process Ending 7800 7800 780
Accounted for 46300
Equivalent units 46300 39280

FIFO

Physical units Materials Conversion
Work in Process Beginning 1600
Started during the period 44700
To account for 46300
Work in Process Beginning 1600 0 960
Units started and completed 36900 36900 36900
Units transferred to next department 38500 36900 37860
Ending Work in Process : 7800 7800 780
Accounted for 46300
Equivalent units 44700 38640
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