E6-1 Page 348
Computing equivalent units of production
Using the data given for Cases 1 below, and assuming the use of the average cost method, compute the separate equivalent units of productionâone for materials and one for labor and overheadâ under each of the following assumptions (labor and factory over- head are applied evenly during the process in each assumption): Assumptions:
c. At the beginning of the process, 75% of the materials go into production and 25% go into production when the process is one-half completed.
Case 1âStarted in process 5,000 units; finished 3,000 units; work in process, end of period, 2,000 units, three-fourths completed.
For this problem,
determine the equivalent units for labor and overhead.
determine the equivelent units for materials only
E6-1 Page 348
Computing equivalent units of production
Using the data given for Cases 1 below, and assuming the use of the average cost method, compute the separate equivalent units of productionâone for materials and one for labor and overheadâ under each of the following assumptions (labor and factory over- head are applied evenly during the process in each assumption): Assumptions:
c. At the beginning of the process, 75% of the materials go into production and 25% go into production when the process is one-half completed.
Case 1âStarted in process 5,000 units; finished 3,000 units; work in process, end of period, 2,000 units, three-fourths completed.
For this problem,
determine the equivalent units for labor and overhead.
determine the equivelent units for materials only
