The following information concerns production in the

Reference no: EM13577544

The charges to Work in Process-Baking Department for a period as well as information concerning production are as follows. The Baking Department uses the average cost method, and all direct materials are placed in process during production.

Work in Process-Baking Department
Bal., 2,200 units, 30% completed	7,546	To Finished Goods, 15,900 units	?
Direct materials, 16,100 units	80,822
Direct labor	43,782
Factory overhead	22,554
Bal., 2,400 units, 70% completed	?

If required, round cost per equivalent unit answer to two decimal places.

a. Determine the number of whole units to be accounted for and to be assigned costs.?18300 units

b. Determine the number of equivalent units of production.?17580 units

c. Determine the cost per equivalent unit. ?______$ per equivalent unit

d. Determine the cost of the units transferred to Finished Goods.?______$

e. Determine the cost of units in ending Work in Process.?______$15008

6. Cost per Equivalent Unit: Average Cost Method

The following information concerns production in the Forging Department for April. The Forging Department uses the average cost method.

ACCOUNT Work in Process-Forging Department					ACCOUNT NO.
Date		Item	Debit	Credit	Balance
Date		Item	Debit	Credit	Debit	Credit
April	1	Bal., 2,400 units, 20% completed			8,690
	30	Direct materials, 55,400 units	321,320		330,010
	30	Direct labor	135,200		465,210
	30	Factory overhead	74,200		539,410
	30	Goods transferred, 55,100 units		?	?
	30	Bal., 2,800 units, 60% completed			?

a. Determine the cost per equivalent unit. Round your answer to the nearest cent.?______$ per equivalent unit

b. Determine the cost of the units transferred to Finished Goods.?______$

c. Determine the cost of units in ending Work in Process.?______$

Reference no: EM13577544

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