The charges to Work in Process-Baking Department for a period as well as information concerning production are as follows. The Baking Department uses the average cost method, and all direct materials are placed in process during production.
Bal. 1800 Units, 40% completed 2,952 To Finished Goods 13000 units ?
Direct Materials 13,200 units 32,100
Direct Labor 16,160
Factory Overhead 8,428
Bal., 2000 Units , 60% completed
Determine the following:
a. The number of whole units to be accounted for and to be assigned costs.
b. The number of equivalent units of production.
c. The cost per equivalent unit.
d. The cost of the units transferred to Finished Goods.
e. The cost of ending Work inProcess.