Question

During March, the production department of a process operations system completed and transferred to finished goods 19,000 units that were in process at the beginning of March and 110,000 units that were started and completed in March. March's beginning inventory units were 100% complete with respect to materials and 55% complete with respect to conversion. At the end of March, 30,000 additional units were in process in the production department and were 100% complete with respect to materials and 28% complete with respect to conversion. Compute the number of equivalent units with respect to both materials and conversion respectively for March using the weighted-average method.

Answer 1

Production Department

Materials Conversion

Equivalent units of production 140,000 118,400

Step-by-step explanation:

a) Data and Calculations:

Units Materials Conversion

Beginning work in process 19,000 100% 55%

Started and completed 110,000 100% 100%

Ending work in process 30,000 100% 28%

Equivalent units of production:

Started and completed 110,000 110,000 (100%) 110,000 (100%)

Ending work in process 30,000 30,000 (100%) 8,400 (28%)

Equivalent units of production 140,000 118,400