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Alex
3 years ago
14

March 1, 2017, Alpha Company's beginning work in process inventory had 8,000 units. This is its only production department. Begi

nning WIP units were 50% complete as to conversion costs. Alpha introduces direct materials at the beginning of the production process. During March, a total of 15,000 units were started and a total of 20,000 units were completed. Alpha's ending WIP inventory had 3,000 units which were 70% complete as to conversion costs. Alpha uses the weighted average method. Use this information to determine for March 2017 the equivalent units of production for conversion costs. (Round & enter final answers to: the nearest whole dollar for total dollar answers, nearest penny for unit costs or nearest whole number for units)
Business
2 answers:
Natali [406]3 years ago
5 0

Answer:

Beginning units          8000 Transferred out 20,000

Started intro production 15000   Ending units          3,000

                                       23000                          23000

Equivalent units             Material                    Conversion  

Units transferred          A         20000                20000  

Ending Units                           3,000                  3,000  

Completion                           100%                     70%  

B                                           3000                     2100  

Total units                         23000                    22100

Nikolay [14]3 years ago
4 0

Answer:see attached file

Explanation:

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To find the IRR using a financial calacutor:

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