The document provides information about the costs of units completed and in process in a work in process assembly department for a period. It lists the cost of beginning work in process inventory completed this period, the cost of units transferred to finished goods during the period, and the cost of ending work in process inventory. It asks whether the production costs changed from the preceding period and whether conversion costs per equivalent unit increased, decreased, or remained the same assuming direct materials cost per unit did not change.
Cost of Units Completed and in Process The charges to Work in Process.pdf
1. Cost of Units Completed and in Process The charges to Work in Process-Assembly Department
for a period, together with information concerning production, are as follows. All direct materials
are placed in process at the beginning of production.
1. Cost of beginning work in process inventory completed this period 2. Cost of units transferred
to finished goods during the period 3. Cost of ending work in process itventory 4. Cost per unit
of the completer beginning work in process inventory (Rounded to the nearest cent.) b. Did the
production costs change from the preceding period? c. Assuming that the direct materials cost
per unit did nat change from the preceding period, did the caniveraicn coats per equivalenit and
increase, decrease, or remain the same for the current period?
