Question

Wilson Tech’s production cost data for the current period is: Beginning work in process inventory: 19,000 units Units transferred out: 9,800 units Ending work in process inventory: 6,200 units All materials are entered at the beginning of the process and conversion costs are incurred uniformly throughout the process. The ending work in process units are 40% complete as to conversion costs. What are the equivalent units of production for conversion costs?

Answer 1

Answer:

the equivalent units of production for conversion costs is 12,280.

Explanation:

Calculation of the equivalent units of production for conversion costs.

Units transferred out (9,800 × 100 %)                           = 9,800

Units of ending work in process (6,200 × 40%)           = 2,480

Equivalent units of production for conversion costs    =12,280