wrapping department's output during the period consist of 10,000 units completed and transfered out, and 600 units in ending work in process that were 75% complete as to materials and conversion costs.begining inventory was 800 units that were 30% equivalent units of production for materials?
To find the equivalent units of production for materials, we need to consider the units completed and transferred out, the ending work in process, and the beginning inventory.
First, let's calculate the equivalent units of production for the units completed and transferred out:
Units completed and transferred out = 10,000 units
Equivalent units for materials = 10,000 units
Next, let's calculate the equivalent units of production for the ending work in process:
Ending work in process = 600 units
Percentage of completion for materials = 75%
Equivalent units for materials = Ending work in process x Percentage of completion
= 600 units x 75%
= 450 units
Now, let's calculate the equivalent units of production for the beginning inventory:
Beginning inventory = 800 units
Percentage of completion for materials = 30%
Equivalent units for materials = Beginning inventory x Percentage of completion
= 800 units x 30%
= 240 units
Finally, we can calculate the total equivalent units of production for materials:
Total equivalent units for materials = Equivalent units for units completed and transferred out + Equivalent units for ending work in process + Equivalent units for beginning inventory
= 10,000 units + 450 units + 240 units
= 10,690 units
Therefore, the total equivalent units of production for materials during the period are 10,690 units.