Determine equivalent units of production

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Reference no: EM132971935

Question - The Relato Company has two processing departments, Cooking, and Packaging. Ingredients are placed into production at the beginning of the process in Cooking, where they are formed into various shapes. When finished, they are transferred into Packaging, where the candy is placed into heart and tuxedo boxes and covered with foil. All material added in Packaging is considered as one material for convenience. Since the boxes contain a variety of candies, they are considered partially complete until filled with the appropriate assortment. The following information relates to the two departments for February 2017:

Cooking Department:

Beginning WIP (30% done as to conversion) 4,500 units

Units started this period 15,000 units

Ending WIP (60% done as to conversion) 2,400 units

Packaging Department:

Beginning WIP (90% done as to material, 80% done as to conversion) 1,000 units

Units started during period ?

Ending WIP (80% done as to material and 80% done as to conversion) 500 units

Required -

1. Determine equivalent units of production for cooking department using the weighted average method.

2. Determine equivalent units of production for cooking department using the FIFO method.

Reference no: EM132971935

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