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ucation.com/flow/connect.html?isReg.true&returnUrl.; https%3A%2F%2Fconnect.mheducation.com%2F Saved Required information The following information applies to the questions displayed below) During April, the production department of a process imanufacturing system completed a number cf transferred them to finished goods. Of these transferred units, 60,000 were in process in the production department at the beginning of April and 240,000 w restarted and completed in April April\'s beginning inventory units were 60% complete with respect to materials and 40% complete with respect to conversion. At the end of April 82,000 additional uni its were in process in the production department and were 80% complete with respect to materials and 30% complete with respect to conversion. 1. Compute the number of units transferred to finished goods. 2. Compute the number of equivalent units with respect to both materials used and conversion used in the production depart April using the weighted-average method. ment fo Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the number of units transferred to finished goods. Units transferred out

Solution

Units in beginning inventory

60,000

Units started and completed

240,000

Total units transferred to finished goods

300,000

Equivalent units of production - weighted average

Units

% Materials

EUP- Materials

% Labor

EUP- Labor

Units completed and transferred out

300,000

100%

300,000

100%

300,000

Units of ending goods in process

82,000

80%

65,600

30%

24,600

Equivalent units of production

382,000

365,600

324,600

1	Compute the number of units transferred to finished goods.
Units in beginning inventory	60,000
Units started and completed	240,000
Total units transferred to finished goods	300,000