Question

WA EUP
In manufacturing its products, Trevano Corp. adds all direct material at the beginning of the production process. The company’s direct labor and overhead are considered to be continuously at the same degree of completion. September production information is as follows:

Beginning WIP Inventory	10,000	pounds
Started during September	25,000	pounds
Completed during September	32,000	pounds

As of September 1, the beginning WIP Inventory was 30 percent complete as to labor and overhead. On September 30, the ending WIP Inventory was 80 percent complete as to conversion.

a. Determine the total number of pounds to account for if Trevano uses the weighted average process costing method.
Answer

pounds
b. Determine the equivalent units of production for direct material. Answer

pounds
c. Determine the equivalent units of production for direct labor and overhead. Answer

pounds

Answer 1

Final answer:
a)	total number of pounds to account for if Trevano uses the weighted average process costing method.	35000
b)	equivalent units of production for direct material.	35,000
c)	equivalent units of production for direct labor and overhead	34,400
	Woring Notes:
a)		Actual Units
	Caluclation of Physical UNITS:
	Units in begining inventory	10000
	Units started during the period	25000
	Units to be accounted for	35000
		Actual Units
	Units Completed and Transferred	32000
	Units in ending inventory	3000
	Total accounted for	35000
b)	Equivalent Units of Production (EUP)—Weighted Average Method
		Units	% Materials	EUP—Materials
	Goods completed	32,000	100%	32,000
	Ending work in process	3,000	100%	3,000
	Total EUP	35,000		35,000
c)		Units	% Conversion	EUP—Conversion
	Goods completed	32,000	100%	32,000
	Ending work in process	3,000	80%	2,400
	Total EUP	35,000		34,400