Question

In: Accounting

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 with respect to direct materials and conversion costs. If an amount is zero, enter in "0".

Soft Touch Towel and Tissue 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

Solutions

Expert Solution

--Requirement

Soft Touch Towel and Tissue Company
Number of Equivalent Units of Production
Whole Units Direct Materials Conversion
Equivalent Units Equivalent Units
Inventory in process, beginning                  1,200                       -                   300
Started and completed                24,000                24,000            24,000
Transferred to Packing Department                25,200                24,000            24,300
Inventory in process, ending                  1,360                  1,360                 952
Total                      26,560                      25,360                25,252

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