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

Solutions

Expert Solution

Correct answer is 40,400

	Whole units		Equivalent units
Inventory in process, beginning of period	2,500	0%	0
Started and completed during the period	38,400	100%	38,400
Transferred out of Bottling (Completed)	40,900		38,400
Inventory in process, end of period	2,000	100%	2,000
Total units to be assigned cost			40,400

Note: It is given in question that material is added at the beginning of the process therefore in beginning inventory we presume that material is already added as 70% of the work is complete which indicates that material is already added as it will be added in the beginning and while computing inventory at the end of period we take 100% of inventory added beacause 90% of work already completes.

ekkarill92 answered 1 year ago

Next > < Previous

Related Solutions

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...

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 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.

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.

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 cost of materials transferred into the Filling Department of Eve Cosmetics Company is $19,900, including...

The cost of materials transferred into the Filling Department of Eve Cosmetics Company is $19,900, including $5,400 from the Blending Department and $14,500 from the materials storeroom. The conversion cost for the period in the Filling Department is $6,440 ($1,440 factory overhead applied and $5,000 direct labor). The total cost transferred to Finished Goods for the period was $25,640. The Filling Department had a beginning inventory of $2,600. Required: A. (1) On June 30, journalize the cost of transferred-in materials.*...

Subjects