equivalent units of materials cost\nthe filling department of ivy cosmetics company had 6,000 ounces in…

equivalent units of materials cost\nthe filling department of ivy cosmetics company had 6,000 ounces in beginning work in process inventory (60% complete). during the period, 68,000 ounces were completed. the ending work in process inventory was 10,000 ounces (25% complete).\nwhat are the total equivalent units for direct materials if materials are added at the beginning of the process?\nunits

equivalent units of materials cost\nthe filling department of ivy cosmetics company had 6,000 ounces in beginning work in process inventory (60% complete). during the period, 68,000 ounces were completed. the ending work in process inventory was 10,000 ounces (25% complete).\nwhat are the total equivalent units for direct materials if materials are added at the beginning of the process?\nunits

Answer

Explanation:

Step1: Calculate units started and completed

Units started and completed = Units completed - Beginning work - in - process units Units started and completed = (68000 - 6000=62000)

Step2: Calculate equivalent units for ending work - in - process

Since materials are added at the beginning of the process, the equivalent units for ending work - in - process inventory (in terms of materials) is equal to the number of units in ending work - in - process. So, equivalent units for ending work - in - process = (10000)

Step3: Calculate total equivalent units

Total equivalent units = Units started and completed+Equivalent units of ending work - in - process Total equivalent units=(62000 + 10000=72000)

Answer:

(72000)