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# Missing amounts - process costing

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See the attached file for the tables.

Using the data presented below, determine which figures should be inserted in the blank spaces
Beginning Units in Process Units Started in production Units transferred to finished goods Ending units in process Equivalent units
a) 600 8,000 8,600 ? ?
b) 900 6,500 ? 400- ½ completed ?
c)1500 ? 12,900 1,200- ¼ completed ?
d)? 7,250 7,200 150- ½ completed ?
e)? 8,400 8,200 200- ½ completed ?
f) 400 6,200 6,200 ? 6,300

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#### Solution Preview

Using the data presented below, determine which figures should be inserted in the blank spaces
Beginning Units in Process Units Started in production Units transferred to finished goods Ending units in process Equivalent units
a) 600 8,000 8,600 ?0 ?8,600
b) 900 6,500 ? 7,000 400- ½ completed ? 7,200
c)1500 ? 12,600 12,900 1,200- ¼ completed ? 13,200
d)?100 7,250 7,200 150- ½ completed ?7,275
e)? 0 8,400 8,200 200- ½ completed ? 8,300
f) 400 6,200 6,200 ?400 - ¼ completed 6,300

a) Total units = 600 + 8,000 = 8,600
Units transferred = 8,600
Ending in process = 0
Equivalent units = units transferred + equivalent units in process
= 8,600 + 0 = 8,600

b) Total units = 900 + 6,500 = 7,400
Units in ending in process = 400
Units transferred = 7,400-400 = 7,000
Equivalent units = 7,000 + 400 X 50% = 7,200

c) Total units are 12,900 + 1,200 = 14,100
Units in beginning in process = 1,500
Units started = ...

#### Solution Summary

The solution explains how to determine the missing amounts relating to process costing

\$2.49