Question

Marigold Company had the following department data: Physical Units Work in process,

July 1 29300 Completed and transferred out 165700 Work in process,
July 31 45100 All materials are added at the beginning of the process.
What is the total number of equivalent units for materials in July?

Answer 1

The total number of equivalent units for materials in July is 195,000 units.

Step-by-step explanation:

To calculate the total number of equivalent units for materials in July, we need to consider the work in process (WIP) at the beginning and end of the period.

The WIP at the beginning of July is 29,300 units. The WIP at the end of July is 45,100 units. We also know that all materials are added at the beginning of the process.

Therefore, the total number of equivalent units for materials in July is the sum of the units in WIP at the beginning (29,300) and the units completed and transferred out (165,700), which is 195,000 units.