Determine the equivalent units of production

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Question - Wildhorse Company has several processing departments. Costs to be accounted for in the Assembly Department for November 2022 totaled $2,314,015 as follows.

Work in process, November 1



Materials

$79,500


Conversion costs

48,000

$127,500

Direct materials added during November


1,622,515

Direct labor incurred during November


226,000

Manufacturing overhead assigned during November


338,000



$2,314,015

Production records show that 35,500 units were in beginning work in process 30% done as to conversion costs, 659,200 units were started into production, and 24,500 units were in ending work in process 40% done as to conversion costs. Materials are entered at the beginning of each process.

 Required - Determine the equivalent units of production and the unit production costs for the Assembly Department.

Reference no: EM133176438

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