Question

has the following production data: beginning work in process 25200 units (70% complete), started into production 474000 units, completed and transferred out 449700 units, and ending work in process 49500 units (30% complete). Assuming all materials are entered at the beginning of the process, equivalent units of production for materials are:

Answer 1

Equivalent units of production= 474,000

Step-by-step explanation:

To calculate the equivalent units of production, we need to use the following formula:

Units started and completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production

Equivalent units of production= 424,500 + (49,500*1)

Equivalent units of production= 474,000

As direct material is incorporated at the beginning of the period, its completion is 100%.