Question

Production cost information for the Molding department follows. Beginning work in process Direct materials $ 49,000 Conversion 54,850 $ 103,850 Costs added this period Direct materials $ 293,000 Conversion 605,150 $ 898,150 Calculate the equivalent units of production for direct materials.

Answer 1

Based on the beginning work in process and the costs added in the period, the Equivalent Units of Production for direct materials is $342,000.

What is the EUP for direct materials?

This can be found by the formula:

= Beginning WIP for raw materials + Costs added this period

Solving gives:

= 49,000 + 293,000

= $342,000

Find out more on Equivalent Work in Process at brainly.com/question/16259709.

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