Reference no: EM133002924
Freddie Company adds direct materials at the beginning of the process and adds conversion costs throughout the process. Data for the Finishing Department follows:
WIP, April 1 11,000 units
Transferred-in costs in WIP, April 1 $79,940
Direct materials (100%) in WIP, April 1 $24,420
Conversion costs (75%) in WIP, April 1 $23,400
Units transferred-in 50,000
Transferred-in costs during April $550,900
Units completed 42,000
April direct materials cost $155,500
April conversion costs $239,250
WIP, April 30 19,000 units
(100% for materials and 20% for conversion costs)
Problem 1: Determine the equivalent units for direct materials?