How many equivalent units of labour and overhead were added

Assignment Help Accounting Basics

Reference no: EM13612928

Refer to the following information about the Painting Department in the Richardson Factory for the month of June:

Beginning goods in process inventory:

Physical units 5,000
% complete for materials 70%
% complete for labour and overhead 25%
Materials cost from May $7,350
Labour and overhead cost from May $3,125
Product started and completed:
Physical units 40,000

Ending goods in process inventory:

Physical units 4,000
% complete for materials 40%
% complete for labour and overhead 10%

Manufacturing costs for June:

Materials $96,975
Labour and overhead $79,470

Required:

1. How many equivalent units of materials were added to the beginning inventory in finishing those units during June?

2. How many equivalent units of labour and overhead were added to the beginning inventory in finishing those units during June?

3. How many equivalent units of materials were added to the ending inventory in getting those units to their state of partial completion?

4. How many equivalent units of labour and overhead were added to the ending inventory in getting those units to their state of partial completion?

5. How many equivalent units of materials were added to all units processed during June?

6. How many equivalent units of labour and overhead were added to all units processed during June?

7. What was the materials cost per equivalent unit produced during June?

8. What was the labour and overhead cost per equivalent unit produced during June?

9. What is the total cost of all units that were completed during June?

10.What is the total cost of the ending goods in process inventory?

Reference no: EM13612928

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