Answer:
Weighted Average Method.
a. 110,700 units
b. 106,525 units
c. 82,090 units
FIFO
a. 85,500 units
b. 95,245 units
c. 99,010 units
Explanation:
Calculation of equivalent units of production with respect to direct materials.
FIFO.
<u>a. All direct materials are added to products when processing begins.</u>
<u>Materials</u>
To finish Opening Work in Process 0
Started and Completed 65,800
Closing Work in process (16,700 × 100%) 16,700
Total equivalent units of production 85,500
<u>b. Beginning inventory is 40% complete to materials and conversion costs. Ending inventory is 75% complete as to materials and conversion costs</u>
<u>Materials</u>
To finish Opening Work in Process (28,200 × 60%) 16,920
Started and Completed (65,800 × 100%) 65,800
Closing Work in process (16,700 × 75%) 12,525
Total equivalent units of production 95,245
<u>c. Beginning inventory is 60% complete as to materials and 40% complete as to conversion costs. Ending Inventory is 30% complete as to materials and 60% complete to conversion costs.</u>
<u>Materials</u>
To finish Opening Work in Process (28,200 × 40%) 11,280
Started and Completed (65,800 × 100%) 65,800
Closing Work in process (16,700 × 30%) 5,010
Total equivalent units of production 82,090
Weighted Average Method.
<u>a. All direct materials are added to products when processing begins.</u>
<u>Materials</u>
Completed and transferred (94,000 × 100%) 94,000
Closing Work in process (16,700 × 100%) 16,700
Total equivalent units of production 110,700
<u>b. Beginning inventory is 40% complete to materials and conversion costs. Ending inventory is 75% complete as to materials and conversion costs</u>
<u>Materials</u>
Completed and transferred (94,000 × 100%) 94,000
Closing Work in process (16,700 × 75%) 12,525
Total equivalent units of production 106,525
<u>c. Beginning inventory is 60% complete as to materials and 40% complete as to conversion costs. Ending Inventory is 30% complete as to materials and 60% complete to conversion costs.</u>
<u>Materials</u>
Completed and transferred (94,000 × 100%) 94,000
Closing Work in process (16,700 × 30%) 5,010
Total equivalent units of production 99,010
