Van Pelt Company Uses the Average Cost Method of Process

question 17

Short Answer

Van Pelt Company uses the average cost method of process costing. The production report for the Mixing department follows: In process, beginning of period
1,000 units
800 units - materials 50% complete; conversion costs 40% complete
200 units - materials 25% complete; conversion costs 15% complete
Placed in process during period
5,000 units
Transferred to packing department
4,800 units
In process, end of period
1,200 units
700 units - materials 75% complete; conversion costs 50% complete
500 units - materials 25% complete; conversion costs 20% complete
What are the equivalent units for:

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Definitions:

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