Equivalent Units of Conversion Costs The Rolling Department of Oak Ridge Steel Company had 6,842 tons...
Equivalent Units of Conversion Costs
The Rolling Department of Oak Ridge Steel Company had 6,842 tons in beginning work in process inventory (30% complete) on July 1. During July, 62,200 tons were completed. The ending work in process inventory on July 31 was 3,732 tons (30% complete).
What are the total equivalent units for conversion costs? Round
to the nearest whole unit.
________ units
Homework Answers
Total equivalent units for conversion cost:
| Units | completed Percentage | Equivalent Units of Conversion cost | |
| Completed units | 62,200 tons | 100% | 62200 |
| ending work in process inventory | 3732 tons | 30% | 1120 |
| Total | 63320 |
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Equivalent Units of Conversion Costs
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