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quester [9]
2 years ago
9

3. How would your answer in part 2 change if the percentage of completion in ending inventory were as follows: materials 30%, co

nversion 40%
Business
1 answer:
dalvyx [7]2 years ago
5 0

Answer and Explanation:

The computation is shown below:

<u>Particulars    direct   %                Equivalent Conversion %          Equivalent</u>

<u>                    material  completion units                              Completion   Units</u>

Beginning

WIP            1,020         100%         1,020      1,020         100%         1,020

Units

started       3,700       100%          3,700       3,700       100%          3,700

(7,200 - 3,500)

Ending

WIP           3,500        30%          1,050       3,500         40%           1,400

<u>Equivalent</u>

<u>units                                             5,770                                            6,120</u>

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Explanation:

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Learn more about Fiedler's contingency theory from

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