Gudemaranahalli G-Accounting 225-Assign 3-1

Gudemaranahalli G-Accounting 225-Assign 3-1 - 10000...

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Brief Exercise 4-2: Computation of Equivalent Units (using weighted-average method) Equivalents units of production = units transferred to the next dept or to finished goods + Equivalent units in ending work in process inventory materials conversion units transferred to the next dept 410000 410000 Ending work in process Materials: 30,000 * 70% 21000 Conversion: 30,000 * 50% 15000 Equivalent units of production 431000 425000 Exercise 4-8: Equivalent Units and Cost Per Equivalent Unit Part 1. Equivalents units of production = units transferred to the next dept or to finished goods + Equivalent units in ending work in process inventory materials conversion units trasferred to the next dept 300000 300000 Ending work in process Materials: 40000 * 50% 20000 Conversion: 40000 * 25%
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Unformatted text preview: 10000 Equivalent units of production 320000 310000 Part 2. Cost per equivalent unit materials conversion Cost of beg. Work in process inventory 56600 14900 Costs added during the period 385,000 214500 total cost 441600 229400 equivalent units of production 320000 310000 cost per equivalent unit 1.38 0.74 Part 3. Ending work in process Materials Conversion Total Ending work in process Materials: 40000 * 50% 20000 Conversion: 40000 * 25% 10000 Cost per equivalent unit 1.38 0.74 Cost of ending work in process inventory 27600 7400 35000 Units completed and transferred out Units transferred to next dept 300000 300000 cost per equivalent unit 1.38 0.74 Cost of units transferred out 414000 222000 636000...
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This note was uploaded on 10/10/2010 for the course ACCT 225 S taught by Professor Webster during the Spring '10 term at Franklin.

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