ACC 202 Chapter 4 Template

ACC 202 Chapter 4 Template - Exercise 4-2(10 minutes...

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Exercise 4-2 (10 minutes) Weighted-Average Method Equivalent Units Material s Conversio n Units transferred out 190,000 190,000 Work in process, ending: Materials: 15,000 tons × 80% complete 12,000 Labor and overhead: 15,000 tons × 40% complete 6,000 Equivalent units of production... 202,000 196,000
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Problem 4-15 (45 minutes) Weighted-Average Method 1 . Equivalent units of production: Materia ls Conversi on Transferred to next department* 160,00 0 160,000 Ending work in process: Materials: 40,000 units x 100% complete 40 ,000 Conversion: 40,000 units x 25% complete 10,000 Equivalent units of production .................. 200 ,00 0 170,000 2 . Cost per Equivalent Unit Material s Conversi on Cost of beginning work in process ......... 25,200 24,800 Cost added during the period ................ 334 ,800 238,700 Total cost (a) .......................................... 360 ,000 263,500 Equivalent units of production (b) .......... 200 ,000 170,000 Cost per equivalent unit, (a) ÷ (b) ......... $1.80 $1.55 3 . Applying costs to units: Material s Conversi on Total Ending work in process inventory: Equivalent units of
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