Scribd Logo
Upload

Welcome to Scribd!

  • Physical Flow of Units

    Uploaded by

    Kailash Kumar
    3 views1 page
    The document provides a summary of production flow and costs. It tracks units from the beginning work in process of 15,000, started in production of 52,500 for a total of 67,500 units to account for. Of those, 41,000 were completed and transferred out, with 26,500 remaining in the ending work in process that was 35% complete, accounting for all 67,500 units. The equivalent units for direct materials and conversion costs were both 67,500 and 50,275 respectively, since units transferred out were 100% complete.

    Original Description:

    Physical Flow of Units

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document provides a summary of production flow and costs. It tracks units from the beginning work in process of 15,000, started in production of 52,500 for a total of 67,500 units to account for. Of those, 41,000 were completed and transferred out, with 26,500 remaining in the ending work in process that was 35% complete, accounting for all 67,500 units. The equivalent units for direct materials and conversion costs were both 67,500 and 50,275 respectively, since units transferred out were 100% complete.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    3 views1 page

    Physical Flow of Units

    Uploaded by

    Kailash Kumar
    The document provides a summary of production flow and costs. It tracks units from the beginning work in process of 15,000, started in production of 52,500 for a total of 67,500 units to account for. Of those, 41,000 were completed and transferred out, with 26,500 remaining in the ending work in process that was 35% complete, accounting for all 67,500 units. The equivalent units for direct materials and conversion costs were both 67,500 and 50,275 respectively, since units transferred out were 100% complete.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Flow of Production Physical Units Materials Conversion costs

    Units To Account For:


    Beginning Work In process 15000
    Started in production(Transferred In) 52500
    Total Physical units to account For 67500

    Units Accounted for:


    Completed & Transferred Out 41000 41000 41000
    Ending Work In process(35%) 26500 26500 9275
    Total Physical Units Accounted for 67500
    Equivalent Units 67500 50275

    Note:Since the units that were transferred out of work in process are 100% complete
    the equivalents units for both Direct Material and conversion costs will be the same as
    the number of physical units

    You might also like