Homework Answers
Correct answer----------------14,000 equivalent units of production.
.
Equivalent units = Incomplete units x % of completion
| Statement of Equivalent Units(Weighted average) | |||||||
| Units | Complete % | Equivalent units | |||||
| Units | 20,000 | 70% | 14,000 | ||||
| Total | 20,000 | Total | 14,000 | ||||
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Question 14 5 pts If there are 20,000 units in a process that are 70% complete,...
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process. The standard cost method is used.
Assume the total conversion costs for the month are $78,400. What
amount of conversion costs are attached to units in ending work in
process inventory? (please show calculation)
$8,960
$12,800...
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