Ch17 #10 The Converting Department of Hopkinsville Company had 1,120 units in work in process at...

Ch17 #10

The Converting Department of Hopkinsville Company had 1,120 units in work in process at the beginning of the period, which were 30% complete. During the period, 23,600 units were completed and transferred to the Packing Department. There were 1,240 units in process at the end of the period, which were 30% complete. Direct materials are placed into the process at the beginning of production.

Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount is zero, enter in "0".

Hopkinsville Company
Number of Equivalent Units of Production

	Whole Units	Direct Materials Equivalent Units	Conversion Equivalent Units
Inventory in process, beginning
Started and completed
Transferred to Packing Department
Inventory in process, ending
Total

Expert Solution

Hopkinsville Company
Number of Equivalent Units of Production
	Whole Units	Direct Materials Equivalent Units	Coversion Equivalent Units
Inventory in process, beginning	1120	0	784
Started and completed	22480	22480	22480
Transferred to Packing Department	23600	22480	21696
Inventory in process, ending	1240	1240	372
Total	24840	23720	22068

Explanation;

Units are calculated as follow;

Hopkinsville Company
Number of Equivalent Units of Production
	Whole Units	Direct Materials Equivalent Units	Coversion Equivalent Units
Inventory in process, beginning	1120	0	(1120 * 0.7) = 784
Started and completed	(23600 – 1120) = 22480	(23600 – 1120) = 22480	(23600 – 1120) = 22480
Transferred to Packing Department	23600	23600 – 1120 = 22480	(22480 – 784) = 21696
Add: Inventory in process, ending	1240	1240	(1240 * 0.30) = 372
Total	24840	23720	22068

jeff jeffy answered 2 years ago

Equivalent Units of Production The Converting Department of Hopkinsville Company had 1,120 units in work in...

Equivalent Units of Production The Converting Department of Hopkinsville Company had 1,120 units in work in process at the beginning of the period, which were 30% complete. During the period, 23,600 units were completed and transferred to the Packing Department. There were 1,240 units in process at the end of the period, which were 25% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct...

The Converting Department of Worley Company had 600 units in work in process at the beginning...

The Converting Department of Worley Company had 600 units in work in process at the beginning of the period, which were 25% complete. During the period, 12,400 units were completed and transferred to the Packing Department. There were 680 units in process at the end of the period, which were 30% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs....

The Converting Department of Hopkinsville Company had 1,000 units in work in process at the beginning...

The Converting Department of Hopkinsville Company had 1,000 units in work in process at the beginning of the period, which were 70% complete. During the period, 20,800 units were completed and transferred to the Packing Department. There were 1,120 units in process at the end of the period, which were 70% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs....

Equivalent Units of Production The Converting Department of Hopkinsville Company had 880 units in work in...

Equivalent Units of Production The Converting Department of Hopkinsville Company had 880 units in work in process at the beginning of the period, which were 75% complete. During the period, 18,400 units were completed and transferred to the Packing Department. There were 1,000 units in process at the end of the period, which were 25% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct...

The Converting Department of Soft Touch Towel and Tissue Company had 1,000 units in work in...

The Converting Department of Soft Touch Towel and Tissue Company had 1,000 units in work in process at the beginning of the period, which were 60% complete. During the period, 20,800 units were completed and transferred to the Packing Department. There were 1,120 units in process at the end of the period, which were 70% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct...

On March 1, Portland Company had 20,000 units of work in process in Department A, which...

On March 1, Portland Company had 20,000 units of work in process in Department A, which were 100% complete as to material costs and 40% complete as to conversion costs. During March, 150,000 units were started in Department A and 160,000 units were completed and transferred to Department B. Work in process on March 31 was 100% complete as to material costs and 50% complete as to conversion costs. By what amount would the equivalent units for conversion costs for...

Department A had 10,000 units in the beginning work in process that is 100% completed with...

Department A had 10,000 units in the beginning work in process that is 100% completed with respect to material and 55% completed with respect to conversion costs. 12,000 units were added during the period and 4,000 units remain in ending work-in-process inventory. The ending inventory were 40% completed. Required: a. What was the number of equivalent units of production for the period with respect to material and conversion costs if process costing, weighted average costing method is used to cost...

Equivalent Units of Production The Converting Department of Soft Touch Towel and Tissue Company had 640...

Equivalent Units of Production The Converting Department of Soft Touch Towel and Tissue Company had 640 units in work in process at the beginning of the period, which were 60% complete. During the period, 13,600 units were completed and transferred to the Packing Department. There were 720 units in process at the end of the period, which were 30% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production...

Equivalent Units of Production The Converting Department of Soft Touch Towel and Tissue Company had 1,200...

Equivalent Units of Production The Converting Department of Soft Touch Towel and Tissue Company had 1,200 units in work in process at the beginning of the period, which were 75% complete. During the period, 25,200 units were completed and transferred to the Packing Department. There were 1,360 units in process at the end of the period, which were 70% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production...

Equivalent Units of Production The Converting Department of Soft Touch Towel and Tissue Company had 760...

Equivalent Units of Production The Converting Department of Soft Touch Towel and Tissue Company had 760 units in work in process at the beginning of the period, which were 70% complete. During the period, 16,000 units were completed and transferred to the Packing Department. There were 840 units in process at the end of the period, which were 60% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production...

Question