Question

In: Accounting

Equivalent Units of Conversion Costs The Filling Department of Eve Cosmetics Company had 9,400 ounces in...

Equivalent Units of Conversion Costs

The Filling Department of Eve Cosmetics Company had 9,400 ounces in beginning work in process inventory (90% complete). During the period, 85,900 ounces were completed. The ending work in process inventory was 6,000 ounces (10% complete).

What are the total equivalent units for conversion costs?

If required, round to the nearest unit.

Solutions

Expert Solution

Calculation of the total equivalent units for conversion costs
Particulars Whole units (A) Percentage conversion Equivalent units
Added in period (B) of materials (A x B)
Beginning work in process inventory             9,400.00 10%                       940.00
Add: Started and completed (85,900 - 9,400)           76,500.00 100%                   76,500.00
Transferred out of filling (completed) 85,900.00                   77,440.00
Add: ending work in process inventory 6,000.00 10%                       600.00
Total units to be assigned costs           91,900.00                   78,040.00

Related Solutions

Equivalent Units of Conversion Costs The Filling Department of Eve Cosmetics Company had 9,900 ounces in...
Equivalent Units of Conversion Costs The Filling Department of Eve Cosmetics Company had 9,900 ounces in beginning work in process inventory (60% complete). During the period, 76,100 ounces were completed. The ending work in process inventory was 5,300 ounces (70% complete). What are the total equivalent units for conversion costs? If required, round to the nearest unit. units
Equivalent Units of Conversion Costs The Filling Department of Eve Cosmetics Company had 7,800 ounces in...
Equivalent Units of Conversion Costs The Filling Department of Eve Cosmetics Company had 7,800 ounces in beginning work in process inventory (30% complete). During the period, 70,600 ounces were completed. The ending work in process inventory was 3,500 ounces (30% complete). What are the total equivalent units for conversion costs? If required, round to the nearest unit. ________ Units
Equivalent Units of Conversion Costs The Filling Department of Eve Cosmetics Company had 6,700 ounces in...
Equivalent Units of Conversion Costs The Filling Department of Eve Cosmetics Company had 6,700 ounces in beginning work in process inventory (80% complete). During the period, 47,800 ounces were completed. The ending work in process inventory was 3,300 ounces (10% complete). What are the total equivalent units for conversion costs? If required, round to the nearest unit.
Equivalent Units of Conversion Costs The Filling Department of Eve Cosmetics Company had 2,900 ounces in...
Equivalent Units of Conversion Costs The Filling Department of Eve Cosmetics Company had 2,900 ounces in beginning work in process inventory (90% complete). During the period, 32,400 ounces were completed. The ending work in process inventory was 1,900 ounces (70% complete). What are the total equivalent units for conversion costs? If required, round to the nearest unit.
Equivalent Units of Materials Cost The Filling Department of Eve Cosmetics Company had 2,500 ounces in...
Equivalent Units of Materials Cost The Filling Department of Eve Cosmetics Company had 2,500 ounces in beginning work in process inventory (70% complete). During the period, 40,900 ounces were completed. The ending work in process inventory was 2,000 ounces (90% complete). What are the total equivalent units for direct materials if materials are added at the beginning of the process? x39,350 units (WRONG) Please explain solution
Equivalent Units of Materials Cost The Filling Department of Eve Cosmetics Company had 1,900 ounces in...
Equivalent Units of Materials Cost The Filling Department of Eve Cosmetics Company had 1,900 ounces in beginning work in process inventory (70% complete). During the period, 31,200 ounces were completed. The ending work in process inventory was 1,600 ounces (40% complete). What are the total equivalent units for direct materials if materials are added at the beginning of the process? units
A). Equivalent Units of Materials Cost The Filling Department of Eve Cosmetics Company had 3,200 ounces...
A). Equivalent Units of Materials Cost The Filling Department of Eve Cosmetics Company had 3,200 ounces in beginning work in process inventory (60% complete). During the period, 53,000 ounces were completed. The ending work in process inventory was 2,700 ounces (40% complete). What are the total equivalent units for direct materials if materials are added at the beginning of the process? B). artment of Eve Cosmetics Company had 2,900 ounces in beginning work in process inventory (80% complete). During the...
The Filling Department of Eve Cosmetics Company had 5,400 ounces in beginning work in process inventory...
The Filling Department of Eve Cosmetics Company had 5,400 ounces in beginning work in process inventory (20% complete). During the period, 89,300 ounces were completed. The ending work in process inventory was 4,500 ounces (30% complete). What are the total equivalent units for direct materials if materials are added at the beginning of the process? X units
The Filling Department of Eve Cosmetics Company had 3,300 ounces in beginning work in process inventory...
The Filling Department of Eve Cosmetics Company had 3,300 ounces in beginning work in process inventory (50% complete). During the period, 37,000 ounces were completed. The ending work in process inventory was 2,600 ounces (50% complete). What are the total equivalent units for conversion costs? If required, round to the nearest unit.
The costs per equivalent unit of direct materials and conversion in the Filling Department of Eve...
The costs per equivalent unit of direct materials and conversion in the Filling Department of Eve Cosmetics Company are $2.40 and $2.65, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, beginning of period 0 3,400 Started and completed during the period 49,000 49,000 Transferred out of Filling (completed) 49,000 52,400 Inventory in process, end of period 4,000 2,000 Total units to be assigned costs 53,000 54,400 The beginning work...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT