Question

In: Accounting

QS 16-4 (Algo) Weighted average: Physical unit flow reconciliation LO P1

Prepare a physical unit flow reconciliation with the following information.
 

Blending Process Units of Product
Beginning work in process inventory 178,000
Units started this period 380,000
Units completed and transferred out 410,000
Ending work in process inventory 148,000

Solutions

Expert Solution

Ending Work in process= Beginning work in process plus Units Started this period  minus Completed and transferred Out

Total Units to account for= Beginning Work in process  plus Units Started this period

Total Units accounted for= completed and transferred out  plus ending work in process

Further workings are in the attached snippet below

 

Please see the workings in the below excel snippet:

Mark Njoroge answered 3 years ago
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