(Step 2) (Step 1) Equivalent units Flow of production Physical units Direct materials Conversion costs Completed and transferred out during current period 2,000 2,000 2,000 Add work in progress, closing 500 500 × 100%; 500 × 25% 500 125 Total accounted for 2,500 2,500 2,125 Deduct work in progress, opening 300 300 × 100%; 300 × 40% 300 120 Started during current period 2,200 Work done in current period only 2,200 2,005 * Degree of completion in this department direct materials, 100%; conversion costs, 25%. § Degree of completion in this department direct materials, 100%; conversion costs, 40%. Solution Exhibit B Step 3: Calculate equivalent unit costs, Forming Department of Sligo Toys for April 2010. Direct
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