PROBLEM 2 Department I 30,000 units, 45% done Department II 60,000 units, 1/4 incomplete Department II| 40,000 units, 65% In Process, Beg complete Placed in Process 150,000 units Received from...


Equivalent Units of Production for each department


PROBLEM 2<br>Department I<br>30,000 units,<br>45% done<br>Department II<br>60,000 units, 1/4<br>incomplete<br>Department II|<br>40,000 units, 65%<br>In Process, Beg<br>complete<br>Placed in Process<br>150,000 units<br>Received from preceding dept.<br>153,000 units<br>Transferred Out<br>140,000 units<br>? units, 1/3<br>? units, 7/8<br>incomplete<br>In Process, End<br>65,000 units, 1/5<br>done<br>incomplete<br>In Department I, all the materials are added at the start of the process.<br>In Department II, materials are added as follows: 25% at ¼ of the process, 40% at 3/5 of the process,<br>and the remaining 35% at 80% of the process.<br>In Department III, all costs (materials and conversion costs) are evenly applied throughout the process.<br>

Extracted text: PROBLEM 2 Department I 30,000 units, 45% done Department II 60,000 units, 1/4 incomplete Department II| 40,000 units, 65% In Process, Beg complete Placed in Process 150,000 units Received from preceding dept. 153,000 units Transferred Out 140,000 units ? units, 1/3 ? units, 7/8 incomplete In Process, End 65,000 units, 1/5 done incomplete In Department I, all the materials are added at the start of the process. In Department II, materials are added as follows: 25% at ¼ of the process, 40% at 3/5 of the process, and the remaining 35% at 80% of the process. In Department III, all costs (materials and conversion costs) are evenly applied throughout the process.

Jun 10, 2022
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