The Assembly Department of Zoom Auto Parts Began September with No

question 178

Essay

The Assembly Department of Zoom Auto Parts began September with no work in process inventory. During the month, production that cost $136,719 (direct materials, $39,195, and conversion costs, $97,524) was started on 116,000 units. Zoom completed and transferred to the Testing Department a total of 103,000 units. The ending work in process inventory was 37.5% complete as to direct materials and 80% complete as to conversion costs.
Required:
A. Compute the equivalent units for direct materials and conversion costs.
B. Compute the cost per equivalent unit.

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Definitions:

Record Of A Deposit

Documentation that confirms the placement of money or other valuable goods into a bank account or safekeeping.

Deposit Slip

A paper that goes with a bank deposit, listing the cash and/or checks amount being put into the bank.

Customer

An individual or entity that purchases goods or services from a business.

Bank Statement

A document issued by a bank that summarizes an account holder's transactions and financial activity over a specified period.