Figure 6-5. |
12. Refer to Figure 6-5. How many equivalent units of production did Haley Co. have for the period?
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13. Refer to Figure 6-5. If Haley Co. incurred $31,800 in production costs what was Haley's cost per equivalent unit for the period?
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14. The following information is provided:
Materials and conversion are incurred uniformly throughout the
process.
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Figure 6-6. |
15. Refer to Figure 6-6. What are the equivalent units of production for conversion costs?
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12) | Equivalent units for Haley Co. | |||||
completed | 8,000 | |||||
Ending WIP 12000*40% | 4,800 | |||||
Equivalent units | 12,800 | |||||
option c) | 12,800 | units | ||||
13) | Equivalent cost per unit | |||||
31,800/12800 | ||||||
2.484375 | ||||||
answer ) | option a | |||||
$2.48 | ||||||
14) | completed | 18,000 | ||||
Ending WIP 3000*20% | 600 | |||||
Equivalent units | 18,600 | |||||
answer) | option b | |||||
18,600 | ||||||
6-6) | ||||||
15 | completed | 120,000 | ||||
Ending WIP 10000*20% | 2,000 | |||||
Equivalent units | 122,000 | |||||
answer) | option c | |||||
122,000 | ||||||
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