a) The calculation of the equivalent units of input resources used for direct materials and conversion for January in Galaxy Quest is as follows:
Direct Materials Conversion
Total equivalent units for January 900 870
b) The calculation of the equivalent units of input resources used for direct materials and conversion for February in Galaxy Quest is as follows:
Direct Materials Conversion
Total equivalent units for February 700 650
<h3>What is the equivalent unit of production?</h3>
The equivalent unit of production is an estimate of the units produced during an accounting period based on the percentage or degree of completion.
Using the weighted-average method, the equivalent units of production can be calculated as below.
However, another method for calculating the equivalent unit of production is the FIFO method. Under the FIFO method, the level of completion done on the beginning inventory in the current period is considered, unlike under the weighted-average method.
<h3>Production Data and Calculations:</h3>
Jan. Feb.
Number of units in beginning work in process inventory 0 100
The number of units started during the month 900 600
Total units available for processing 900 700
Total number of units transferred to finished goods 800 500
Number of units in ending work in process inventory 100 200
Equivalent units of production for January:
Units Direct Materials Conversion
Units completed 800 800 (100%) 800 (100%)
Ending inventory 100 100 (100%) 70 (70%)
Total equivalent units for January 900 870
Equivalent units of production for February:
Units Direct Materials Conversion
Units completed 500 500 (100%) 500 (100%)
Ending inventory 200 200 (100%) 150 (75%)
Total equivalent units for February 700 650
Learn more about equivalent units of production at brainly.com/question/16259709
