Babette Manufacturing produces plastic toys and uses process costing. There are three processing departments-Assembling, Finishing, and Packaging. On January 1, the Finishing Department had 2000 units of partially processed product in production. During January, 31,000 units were transferred in from the Assembling Department and 29,000 units were completed and transferred out. At the end of the month, 4000 units of partially processed products remained in the Finishing Department. The weighted- average method is used. See additional details below. Finishing Department, ending balance at January 31
l'ercent completed for materials cost: $\quad 94 \%$
Percent completed for conversion cost: $70 \%$ What was the number of equivalent units for the month of January, with respect to direct materials, for the Finishing Department?

Question

Quizplus · Accepted Answer

The number of equivalent units for direct materials in the Finishing Department is calculated by adding the units completed and transferred out (29,000 units) to the equivalent units in ending inventory. The ending inventory had 4,000 units at 94% completion for materials, which equals 3,760 units (4,000 units * 94%). Therefore, the total equivalent units for materials are 29,000 units + 3,760 units = 32,760 units.

Babette Manufacturing Produces Plastic Toys and Uses Process Costing 94%\quad 94 \%94%

Babette Manufacturing Produces Plastic Toys and Uses Process Costing $\quad 94 \%$