PROBLEM 2 Department A is the first stage of Mann Company's production cycle. The following information is available for conversion costs fo the month of April 2011: UNITS Work in process, beginning (60% complete) Started in April Completed in April and transferred to Department B Work in process, ending (40% complete) 20, 000 340, 000 320, 000 40, 000 1. The equivalent units for the conversion cost calculation under FIFO method is 2. The equivalent units for the conversion cost calculation under average method is

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 14E: Cost per equivalent unit The following information concerns production in the Forging Department for...
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PROBLEM 2
Department A is the first stage of Mann Company's production cycle. The following information is available for conversion costs for
the month of April 2011:
UNITS
Work in process, beginning (60% complete)
Started in April
Completed in April and transferred to Department B
Work in process, ending (40% complete)
20, 000
340, 000
320, 000
40, 000
1. The equivalent units for the conversion cost calculation under FIFO method is
2. The equivalent units for the conversion cost calculation under average method is
Transcribed Image Text:PROBLEM 2 Department A is the first stage of Mann Company's production cycle. The following information is available for conversion costs for the month of April 2011: UNITS Work in process, beginning (60% complete) Started in April Completed in April and transferred to Department B Work in process, ending (40% complete) 20, 000 340, 000 320, 000 40, 000 1. The equivalent units for the conversion cost calculation under FIFO method is 2. The equivalent units for the conversion cost calculation under average method is
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