Determine the equivalent units of production

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Reference no: EM132478210

Timberline Associates uses the weighted-average method in its process costing system. The following data are for the first processing department for a recent month:

Work in process, beginning:

Units in process 2,400

Percent complete with respect to materials 75%

Percent complete with respect to conversion 50%

Costs in the beginning inventory:

Materials cost $8,400

Conversion cost $7,200

Units started into production during the month 20,800

Units completed and transferred out 22,200

Costs added to production during the month:

Materials cost $97,400

Conversion cost $129,600

Work in process, ending:

Units in process 1,000

Percent complete with respect to materials 80%

Percent complete with respect to conversion 60%

Required:

Question a. Determine the equivalent units of production.

Question b. Determine the costs per equivalent unit.

Question c. Determine the cost of ending work in process inventory.

Question d. Determine the cost of the units transferred to the next department.

Reference no: EM132478210

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