| a | ||||
| Beginning work in process | 6600 | |||
| Add: Units started | 118800 | |||
| Less: Units finished | -120300 | |||
| Number of units in work in process at the end | 5100 | units | ||
| b | ||||
| Whole Units | Direct Materials Equivalent units | Conversion Equivalent units | ||
| Inventory in process, March 1 | 6600 | 0 | 2200 | =6600*1/3 |
| Started and completed in March | 113700 | 113700 | 113700 | =120300-6600 |
| Transferred to Finished goods in March | 120300 | 113700 | 115900 | |
| Inventory in process, March 31 | 5100 | 5100 | 2040 | =5100*2/5 |
| Total | 125400 | 118800 | 117940 |
Equivalent Units of Production The following information concerns production in the Baking Department for March. All di...
The following information concerns production in the Baking Department for March. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process—Baking Department ACCOUNT NO. Date Item Debit Credit Balance Debit Credit March 1 Bal., 6,600 units, 4/5 completed 19,800 31 Direct materials, 118,800 units 178,200 198,000 31 Direct labor 52,900 250,900 31 Factory overhead 29,756 280,656 31 Goods finished, 120,300 units 270,864 9,792 31 Bal. ? units, 3/5 completed 9,792 a. Determine the number...
Equivalent Units of Production The following information concerns production in the Baking Department for March. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process-Baking Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Mar. 3,024 1 Bal., 5,400 units, 4/5 completed 31 Direct materials, 97,200 units 136,080 139,104 31 Direct labor 175,874 36,770 20,686 196,560 31 Factory overhead 31 Goods finished, 98,400 units 31 Bal. ? units, 2/5 completed 189,672 6,888 6,888...
Equivalent Units of Production The following information concerns production in the Baking Department for March. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process-Baking Department ACCOUNT NO. Balance Debit Date Item Credit Debit Credit 1 Bal., 4,200 units, 3/5 completed March 11,760 31 Direct materials, 75,600 units 105,840 117,600 31 Direct labor 28,920 146,520 16,260 31 Factory overhead 162,780 31 Goods finished, 76,500 units 157,368 5,412 31 Bal. ? units, 2/5 completed 5,412...
Equivalent Units of Production The following information concerns production in the Baking Department for March. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process-Baking Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Mar. 1 Bal., 7,800 units, 2/3 completed 8,840 31 Direct materials, 140,400 units 31 Direct labor 31 Factory overhead 31 Goods finished, 142,200 units 238,680 63,530 35,730 247,520 311,050 346,780 13,560 13,560 333,220 31 Bal ? units, 4/5 completed...
Equivalent Units of Production The following information concerns production in the Baking Department for March. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process-Baking Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Mar. 3,060 137,700 140,760 40,540 181,300 1 Bal., 5,100 units, 4/5 completed 31 Direct materials, 91,800 units 31 Direct labor 31 Factory overhead 31 Goods finished, 93,000 units 31 Bal. ? units, 2/5 completed 22,796 197,154 204,096 6,942 6,942...
Equivalent Units of Production
The following information concerns production in the Baking
Department for March. All direct materials are placed in process at
the beginning of production.
ACCOUNT Work in Process—Baking
Department
ACCOUNT NO.
Date
Item
Debit
Credit
Balance
Debit
Credit
Mar.
1
Bal., 5,700 units, 2/3 completed
5,320
31
Direct materials, 102,600 units
143,640
148,960
31
Direct labor
39,810
188,770
31
Factory overhead
22,386
211,156
31
Goods finished, 104,100 units
203,260
7,896
31
Bal. ? units, 4/5 completed
7,896...
Equivalent Units of Production The following information concerns production in the Baking Department for March. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process—Baking Department ACCOUNT NO. Date Item Debit Credit Balance Debit Credit Mar. 1 Bal., 18,000 units, 1⁄4 completed 14,760 31 Direct materials, 336,000 units 252,000 266,760 31 Direct labor 40,000 306,760 31 Factory overhead 60,530 367,290 31 Goods finished, 330,000 units 346,410 20,880 31 Bal. ? units, 2⁄5 completed 20,880...
Equivalent Units of Production The following information concerns production in the Baking Department for March. All direct materials are placed in process at the beginning of production ACCOUNT Work in Process-Baking Department ACCOUNT NO. Date Item Debit Credit Mar. 1 Bal., 6,000 units, 4/5 completed 31 Direct materials, 108,000 units 31 Direct labor 31 Factory overhead 31 Goods finished, 109,500 units 31 Bal. 7 units, 4/5 completed 205,200 55,450 31,190 Balance Debit Credit 4,560 209,760 265,210 296,400 11,430 111,430 284,970...
Equivalent Units of Production The following information concerns production in the Baking Department for March. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process-Baking Department ACCOUNT NO. Balance Debit Credit Date Item Debit Credit 1 Bal., 5,100 units, 4/5 completed 31 Direct materials, 91,800 units 31 Direct labor 31 Factory overhead 31 Goods finished, 93,000 units 31 Bal.? units, 2/5 completed Mar. 3,672 168,912 215,242 241,296 233,028 8,268 8,268 165,240 46,330 26,054 a....
Equivalent Units of Production The following information concerns production in the Baking Department for March. All direct materials are placed in process at the beginning of production. ACCOUNT Work in Process-Baking Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit March 1 Bal., 9,000 units, 4/5 completed 31 Direct materials, 162,000 units 243,000 27,000 270,000 342,150 382,728 31 Direct labor 72,150 40,578 31 Factory overhead 31 Goods finished, 164,100 units 369,480 13,248 13,248 31 Bal. ? units, 3/5 completed...