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kondaur [170]
2 years ago
5

A1 Corp. uses the FIFO method for its process costing calculations. Beginning inventory in the mixing processing center consiste

d of 5,000 units, 65% complete with respect to conversion costs. Ending work in process inventory consisted of 4,000 units, 50% complete with respect to conversion costs. If 19,000 units were transferred to the next processing center during the period, the equivalent units for conversion costs would be:
Business
1 answer:
Aleks04 [339]2 years ago
8 0

Answer:

17,750 units

Explanation:

<u>Calculation of equivalent units for conversion costs - FIFO</u>

To finish Opening Work in Process  (5,000 units x 35%)            1,750

Started and Completed [(19,000 units  - 5,000 units) x 100%]  14,000

Ending Work in Process (4,000 units x 50%)                              2,000

Equivalent units of production                                                     17,750

therefore,

the equivalent units for conversion costs would be 17,750 units

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