Managerial Accounting E4-5

Managerial Accounting E4-5 - Conversion Total units...

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ANSWER KEY a. Physical flows: Beginning work in process inventory, department B 40,000 gallons Started into production during October 20,000 gallons Completed and transferred to department C 55,000 gallons Ending work in process inventory, department B 5,000 gallons b. Calculation of equivalent units:
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Unformatted text preview: Conversion Total units Materials Costs Units completed (in gallons) 55,000 55,000 55,000 Units in ending inventory 5,000 (80% as to materials) 4,000 (60% as to conversion) _____ ______ 3,000 Total 60,000 59,000 e.u. 58,000 e.u....
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This note was uploaded on 05/10/2011 for the course STATS 202 taught by Professor Emil during the Spring '11 term at Aberystwyth University.

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