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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Allied Chemicals operates a thermo-assembly process as the second of three processes at its plastics plant. Direct materials in thermo-assembly are added at the end of the process. Conversion costs are added evenly during the process. The following data pertain to the thermo-assembly department for June 2012:
| Â |
A |
B |
C |
D |
E |
|
1 |
 |
Physical |
Transferred-In |
Direct |
Conversion |
|
2 |
Work in process, beginning inventory |
50,000 |
 |  |  |
|
3 |
Degree of completion of beginning work in process |
 |
100% |
0% |
80% |
|
4 |
Transferred in during current period |
200,000 |
 |  |  |
|
5 |
Completed and transferred out during current period |
210,000 |
 |  |  |
|
6 |
Work in process, ending inventory |
? |
 |  |  |
|
7 |
Degree of completion of ending work in process |
 |
100% |
0% |
40% |
Compute equivalent units under (1) the weighted-average method and (2) the FIFO method.
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