1. Calculate the whole units. 2. Calculate the equivalent units with respect to material and conversion costs. 3. Calculate the cost per equivalent unit for materials and for conversion. 4.

1. Calculate the whole units.
2. Calculate the equivalent units with respect to material and conversion costs.
3. Calculate the cost per equivalent unit for materials and for conversion.
4. Calculate the total amount that the accountant would credit out of work in process welding for the month.
5. Prepare the journal entry to show the costs moving from the work in process welding account into the work in process track account:
6. Calculate the ending balance in the work in process welding account. Transcribed Image Text: USE THIS INFORMATION FOR THE NEXT FEW QUESTIONS:
We find the following information for the Welding Department WIP Account of BNSF line.
After the Welding Department, the costs will flow into the next WIP department which is Track
Installation. All materials are placed in process at the beginning of the production cycle.
Work In Process – Welding
Beg. Bal: 9,000 Units, 40% complete
Direct Materials: 40,000 units @ $6.80
Direct Labor
Factory Overhead
Bal. ?? Units, 30% Complete
$72.360
$272,000
$80,000
$40,450
To Track WIP Department, 41,500 Units
$??
$???

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