Question

. 18 The Finishing Department we vetured- a Units are received fro the Assembly Depart Show physical units and compute equivales MEG data Ver todos w 1.000 Beginning work in process, October 1 De Bree of completion direct waterials 0 CORVersion cost 901 Units received from - received froe Ashly D e nt during October Ending work in process, October 31 Degree of completion direct materials SO 16.000 conversion costs 701 Donec 80 901 om SOL HOL WIP Bag Dan 1000 unit R 16,000 En DM 4,000 21,000 Dm 800 ec 900 BE Dm (o ?.) 4000 16,000 16,000 Unit (100) 16.000 2,800 19.700 2000 18800 nding om bare sering 4,000 Summarile units

Answer 1

Solution:

Finishing Department - Computation of Equivalent units
Particulars	Physical Units	Equivalent units
		Material	Conversion
Work in Process, beginning	1000
Started during the current period	16000
Total units to account for	17000
Units accounted for:
Unit completed & Transferred out	13000	13000	13000
Closing WIP:	4000
Material (50%)		2000
Conversion (70%)			2800
Equivalent units of production	17000	15000	15800