Answer:
Percent
Total Materials Equivalent
Whole Added In Units for
Units Period Materials
Inventory in process, beginning of period……………… 400 0% 0
Started and completed during the period……………… 7,500* 100% 7,500
Transferred out of Rolling (completed)………………… 7,900 7,500
Inventory in process, end of period……………………… 1,000 100% 1,000
Total units to be assigned costs………………………… 8,900 8,500
* 7,900 – 400
The Filling Department of Savannah Lotion Company had 3,000 ounces in beginning work in process inventory (60% complete). During the period, 40,400 ounces were completed. The ending work in process inventory was 600 ounces (25% complete). What are the total equivalent units for direct materials if materials are added at the beginning of the process?
Answer:
Percent
Total Materials Equivalent
Whole Added In Units for
Units Period Materials
Inventory in process, beginning of period……………… 3,000 0% 0
Started and completed during the period……………… 37,400* 100% 37,400
Transferred out of Filling (completed)………………… 40,400 37,400
Inventory in process, end of period……………………… 600 100% 600
Total units to be assigned costs………………………… 41,000 38,000
* 40,400 – 3,000
