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Physical flow / equivalent units

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1. Beginning WIP (work in progress) consisted of 6,000 units
2.Ending WIP consisted of 4,400 units, 100% complete with respect to material cost and 25% complete with respect to conversion costs.
3. 10,000 units started into production in January.

a. Prepare a physical flow schedule for the department.
b. Calculate equivalent units for materials and conversion costs.

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The solution explains how to prepare the physical flow schedule and calculate the equivalent units

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1. Beginning WIP (work in progress) consisted of 6,000 units
2.Ending WIP consisted of 4,400 units, 100% complete with respect to material cost and 25% complete with respect to conversion costs.
3. 10,000 units started into ...

Purchase this Solution


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