Hwk 11A - Equivalent Units Units % DM Conv Input WIP,...

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Robert Garrett E11-27: Equivalent Units; Weighted-Average Method Percent Completed Tons of Salmon Materials Conversion Work-in-processs inventory, May 1 1,500 80% 70% Work-in-processs inventory, May 31 2,300 50% 30% Started processing during May 6,500 1) Number of Tons: 5,700 2) Equivalent Units: Materials 6,850 Coversion 6,390 E11-31: Equivalent Units; Weighted-Average Method Equivalent Units: Materials 640 Coversion 680 Cost Per Unit Materials $937.50 Conversion $1,029.41 Completed & Transferred Out
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E11-27 Flow of Units Equivalent Units Units % DM Conv Input WIP, May 1 1,500 DM 80% Conversion 70% Units started 6,500 Units to account for 8,000 Output 1 Units completed 5,700 100% 5,700 5,700 WIP, May 31 2,300 DM 50% 1,150 Conversion 30% 690 Units accounted for 8,000 2 Total equivalent units 6,850 6,390 E11-31 Flow of Units
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Unformatted text preview: Equivalent Units Units % DM Conv Input WIP, Beginning 200 DM 50% Conversion 50% Units started 600 Units to account for 800 Output Units completed 600 100% 600 600 WIP, Ending 200 DM 20% 40 Conversion 40% 80 Units accounted for 800 Total equivalent units 640 680 DM Conv Total WIP, Beginning 50,000 60,000 110,000 Costs added in month 550,000 640,000 1,190,000 Total costs to account fo 600,000 700,000 1,300,000 Divide by EUs 640 680 EU cost 937.50 1,029.41 1,966.91 The section below is not requiredincluded for instruction only! Complete WIP Total Goods completed & TO 1,180,147 1,180,147 Ending WIP DM 37,500 37,500 Conversion 82,353 82,353 3 & 4) Total costs accounted fo 1,180,147 119,853 1,300,000 11:25 Start 12:00 Finish 0:35 Time to complete...
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Hwk 11A - Equivalent Units Units % DM Conv Input WIP,...

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