Question

Required information Use the following information for the Exercises below. The following information applies to the questions displayed below) During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods of these transferred units. 69.000 were in process in the production department at the beginning of April and 276,000 were started and completed in April. April's beginning inventory units were 80% complete with respect to materials and 20% complete with respect to conversion. At the end of April, 91.000 additional units were in process in the production department and were 80% complete with respect to materials and 30% complete with respect to conversion Exercise 16-10A FIFO: Computing equivalent units of production LO C4 Prepare the number of equivalent units with respect to both materials used and conversion costs in the production department for April using the FIFO method Equivalent Units of Production - FIFO Units % Materials EUP-Materials % Conversion EUP-Conversion Units to complete beginning work in process Total units accounted for Equivalent units of production

Answer 1

Ans:

Equivalent unit

	Units	% material	EUP-Material	% Conversion	EUP-Conversion
Beginning work in process	69000	20%	13800	80%	55200
Unit started and completed	276000	100%	276000	100%	276000
Ending work in process	91000	80%	72800	30%	27300
Equivalent unit of production	436000		362,600		358500