The Molding Department of Kennett Company has the following production data: beginning work in process 25000 units (60% complete) started into production 475000 units completed and transferred out 450000 units and ending work in process 50000 units (40% complete). Assuming materials are entered at the beginning of the process equivalent units for materials are:

Question

Quizplus · Accepted Answer

Equivalent units for materials are calculated by adding the units completed and transferred out (450,000) to the equivalent units in ending work in process (50,000 units, since materials are added at the beginning, they are 100% complete for materials). Thus, 450,000 + 50,000 = 500,000.

The Molding Department of Kennett Company Has the Following Production