Answer:
<u>11,000 units were started into production which were 100 % complete for materials and 89.1 % complete for Conversion Costs.</u>
Step-by-step explanation:
With the help of Equivalent Units of Production we find out how many units were started.
11,000 units were started into production.
Tript Corporation
Physical Units % of Completion Equivalent Units
w.r.t Conversion Costs Mat Conversion C
Units Started 11,000 89.1% 11,000 9,800
<u>Beginning WIP 3000 60% 3000 1800</u>
<u>Total units accounted For 14,000 11600</u>
<em><u>We compare the Equivalent units and then find the required balance amounts</u></em>
Physical Units % of Completion Equivalent Units
w.r.t Conversion Costs Mat Conversion C
Units Completed 10,000 100 10,000 10,000
<u>WIP Ending 4000 40% 4000 1600</u>
<u>Total units accounted For 14,000 11,600 </u>
