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    Units Materials Conversion Percent Complete: Illinois Company

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    Gaurav
    The document provides information about the production activity in June for the first department of the Wisconsin Company. It states that 275,000 units were started and 280,000 were transferred to the next department. It asks to calculate the equivalent units of production for the first department in June using the weighted-average method of accounting.

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    Units Materials Conversion Percent Complete: Illinois Company

    Uploaded by

    Gaurav
    308 views1 page
    The document provides information about the production activity in June for the first department of the Wisconsin Company. It states that 275,000 units were started and 280,000 were transferred to the next department. It asks to calculate the equivalent units of production for the first department in June using the weighted-average method of accounting.

    Original Description:

    managerial accounting

    Original Title

    2010-09-27_095515_Illinois

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    © Attribution Non-Commercial (BY-NC)

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    The document provides information about the production activity in June for the first department of the Wisconsin Company. It states that 275,000 units were started and 280,000 were transferred to the next department. It asks to calculate the equivalent units of production for the first department in June using the weighted-average method of accounting.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    308 views1 page

    Units Materials Conversion Percent Complete: Illinois Company

    Uploaded by

    Gaurav
    The document provides information about the production activity in June for the first department of the Wisconsin Company. It states that 275,000 units were started and 280,000 were transferred to the next department. It asks to calculate the equivalent units of production for the first department in June using the weighted-average method of accounting.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    of 1

    The Wisconsin Company manufactures a product that goes through three processing departments.

    Information relating to activity in the first department during June is given below: Percent completed Units Materials Conversion Work in process, June 1 60,000 65% 45% Work in process, Jun 30 55,000 75% 65%
    The department started 275,000 units into production during the month and transferred 280,000 completed units to the next department. REQUIRED: Compute the equivalent units of production for the first department for June, assuming that the company uses the weighted-average method of accounting for units and costs

    Illinois Company Percent Complete Units Materials Conversion Work in process, June 1 150,000 75% 55% Units Started into Production during June 475,000 Units completed & Transferred to Next Department 480,000 Work in process, June 30 145,000 85% 75% Weighted Average Method; Units Transferred to Next Department Work in Process, June 30: 145,000 units 85% 145,000 units 75% Equivalent Units of Production MaterialsConversion 480,000 480,000 123,250 603,250 108,750 588,750

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