Question

Babette Manufacturing produces plastic toys and uses process costing. There are three processing departments—Assembling, Finishing, and Packaging. On January 1, the Finishing Department had 2000 units of partially processed product in production. During January, 31,000 units were transferred in from the Assembling Department and 29,000 units were completed and transferred out. At the end of the month, 4000 units of partially processed products remained in the Finishing Department. The weighted- average method is used. See additional details below. Finishing Department, ending balance at January 31 Percent completed for materials cost: 94% Percent completed for conversion cost: 70% What was the number of equivalent units for the month of January, with respect to direct materials, for the Finishing Department?

Answer 1

The number of Equivalent units with respect to direct materials, for the Finishing Department are 34760

Step-by-step explanation:

Babette Manufacturing

Equivalent Units

Units % of Completion Equivalent Units

Materials C. Costs Materials C. Costs

Particulars

Units Completed 31000 100 100 31000 31000

Ending WIP 4000 94 70 3760 2800

Total Equivalent Units 34760 33800

The number of Equivalent units with respect to direct materials, for the Finishing Department are 34760

The number of Equivalent units with respect to direct conversion costs , for the Finishing Department are 33800