Refer to the data from Butler Company’s Finishing Department.
|
Butler Company’s Finishing Department |
|
|
Quantity |
|
|
Work in Process Beginning |
50 |
|
Transferred In From Assembling Department |
1420 |
|
Transferred Out to Finished Goods |
|
|
Work in Process Ending |
400 |
|
Stage of Completion of Ending Work in Process |
|
|
Materials |
complete |
|
Labor |
70% |
|
Factory Overhead |
80% |
How many units were transferred to Finished Goods?
What are the equivalent production units for materials, labor, and factory overhead, respectively, in the ending Work in Process?