Answer : 72,200 units.
Total equivalent units for direct materials for July = 68,800 tons + 3,400 tons = 72,200 units.
As materials are added at the beginning of the process, the percentage of completion for materials is 100 %.
Or Equivalent Units of Materials Cost of Oak Ridge Steel Company had 4,100 tons in beginning work...
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The Rolling Department of Oak Ridge Steel Company had 300 tons in beginning work in process inventory (25% complete) on July 1. During July, 2,200 tons were completed. The ending work in process inventory on July 31 was 500 tons (40% complete). What are the total equivalent units for conversion costs? units
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