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E5-24A (similar to) Hw Score: 16.67%, 1.67 of 10 the flow of l units Data Table Physical Direct Conversion for 206,000 80% 15
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Answer #1

Equivalent Units

Flow of Production

Flow of Physical Units

Direct Materials

Conversion Cost

Units to account for:

Beginning Work in Process, November 1

206000

Plus: started in production during November

1010000

Total Physical Units to account for

1216000

Units accounted for:

Completed & Transferred out

1060000*

1060000

1060000

Plus: Ending Work in Process, November 30

156000

(156000 * 75%)

=117000

(156000 * 80%)

=124800

Total Physical Units accounted for

1216000

Total Equivalent Units

1177000

1184800

Explanations:-

* Completed & Transferred out = Beginning WIP + started in production during November - Ending Work in Process, November 30

= 206000 + 1010000 – 156000 = 1060000

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