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The following production data were taken from the records of the Finishing Department for June: Inventory...

The following production data were taken from the records of the Finishing Department for June:

Inventory in process, June 1 (30% completed) 4,000 units

Completed units during June 65,000 units

Ending inventory (60% complete) 7,000 units ​ ​

What is the number of conversion equivalent units of production of the Finishing Department ?

Group of answer choices

68,000 units

70,400 units

66,200 units

4,200 units

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Homework Answers

Answer #1

Total Units completed = 65,000

From this 4,000 were from Beginning Inventory and remaining 61,000 were introduced and completed in current month.

Therefore, Equivalent Units = (4,000 x 70%) + 61,000 + (7,000 x 60%)

Equivalent units = 2,800 + 61,000 + 4,200 = 68,000

ANS : EQUIVALENT UNITS = 68,000 UNITS

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