Answer:
Boswal Company
The the equivalent units for conversion costs in the Assembly Department for the month are:
= 43,600 units.
Explanation:
a) Data and Calculations:
Units Materials Conversion
Beginning work in process inventory 6,000 100% 80%
Units added during the month 52,000
Total units available for processing 58,000
Ending work in process inventory 18,000 100% 20%
Units completed and transferred out 40,000
Equivalent units of production:
Units Materials Conversion
Units completed and transferred 40,000 40,000 (100%) 40,000 (100%)
Ending work in process inventory 18,000 18,000 (100%) 3,600 (20%)
Total equivalent units of production 58,000 43,600
