gested Sites e WebSite Gelry connect 2 Chapsers 47 Nygaard

gested Sites- e, WebSite Gelry ? connect. 2 Chapsers 47 Nygaard Corporation uses the weightod -average method in its process costing The following data pertain Percent Complote Work in process September 1 Units started into producton during Soptember 8500 Units completed during Septomber and traneferred to the naxt department Work in process, Septomber 30 350 35% 13508 % 50% Required: Compute the equivalent units of production for both materials and conversion costs for the Assembly Department for September using the waighted-avorage method Equivalent units of producion LiFE SAEET CA

Solution

Solution:

Physical Units completed and transferred = 7,500 units

Physicals Units in Ending WIP = 1,350 units

Equivalent units of production for material = (Units completed and transferred *100%) + (Physical Units in Ending WIP *percent complete for material in ending WIP)

= 7500*100% + (1350*80%) = 7500 + 1080 = 8,580 units

Equivalent units of production for conversion = (Units completed and transferred *100%) + (Physical Units in Ending WIP *percent complete for conversion in ending WIP)

= 7500*100% + (1350*50%) = 7500 + 675 = 8,175 units