Ch 3 Homework Question 1-6 value 16.66 points The Cutting Department of Sonora\'

Question

Ch 3 Homework

Question 1-6

value 16.66 points The Cutting Department of Sonora's Textiles has the following information about production and costs for the month of July: .Beginning work in process, 3,800 units that are 100 percent complete as to materials and 35 percent complete as to conversion costs. · 7,200 units transferred out. Ending work in process, 3,000 units 100 percent complete as to materials and 68 percent complete for conversion Using the weighted-average method, compute the number of equivalent units of production for materials and conversion for the month of July Equivalent Units Physical Units Direct Materials Conversion Units Completed Ending Inventory Total

Explanation / Answer

Solution 1:

Equivalents units is as calculated below:

Equivalent Units computation-Weighted Average Month ended July 31 Equivalent Units Flow of Production Flow of physical units Direct material Conversion Cost Units to account for:    Beginning WIP 3,800    Transferred in 6,400    Total physical units to account for 10200 Units accounted for:    Completed and transferred out 3,800 0 1,330 3,400 3,400 3,400    Ending WIP 3,000 3,000 2040 Total Equivalent Units 10,200 6,400 6,770

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