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The Rolling Department of Oak Ridge Steel Company had 300 tons in beginning work in process...

The Rolling Department of Oak Ridge Steel Company had 300 tons in beginning work in process inventory (25% complete) on July 1. During July, 2,200 tons were completed. The ending work in process inventory on July 31 was 500 tons (40% complete).

What are the total equivalent units for direct materials for July if materials are added at the beginning of the process?
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Answer #1

*2200 - 300 = 1900

Total Whole Units Percent Materials Added in Period 0% 100% Equivalent Units for Materials 300 Inventory in process, beginning of period Started and completed during the period Transferred out (completed) Inventory in process, end of period Total Units to be assigned costs 1900 2200 500 2700 1900 1900 500 2400 100%

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