akeinpoe Equvalent Unilts of Prodution Average Cost Method m

akeinpoe Equvalent Unilts of Prodution: Average Cost Method mo converting Department of Ten Soft Twe Canoam uses the average cost-thed and had 2.500 uits in work in process t mt 70% complets at the beginning of the period. During the period, 31,500 untswere complted and tranfered to the Packing Department. There were 1,400 a. Determine the number of whole unibs to be accounted for and to be assigned costs for the period h Ctermine the number of equvalent unts of production for the period

Solution

Solution a:

Therefore number of whole units to be accounted for = 32900 units

Solution b:

Nos of equivalent units of production = 31920 units

Reconciliation of Physical units
Particulars	Physical Units	Particulars	Physical Units
Beginning units	2500	Unit Completed	31500
Unit started	30400	Ending Units	1400
Total Units	32900	Total Units	32900