question archive The Filling Department of Eve Cosmetics Company had 2,200 ounces in beginning work in process inventory (80% complete)
The Filling Department of Eve Cosmetics Company had 2,200 ounces in beginning work in process inventory (80% complete)
Subject:AccountingPrice:2.84 Bought3
The Filling Department of Eve Cosmetics Company had 2,200 ounces in beginning work in process inventory (80% complete). During the period, 36,900 ounces were completed. The ending work in process inventory was 3,000 ounces (50% complete).
What are the total equivalent units for conversion costs?
If required, round to the nearest unit.
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| Total equivalent units for conversion costs |
| Total equivalent units for conversion costs = Conversion cost for Beginning Inventory + Conversion cost for Units started and completd + Conversion cost for Ending Inventory |
| Total equivalent units for conversion costs = [2,200 units x 20%] + [(36,900 units - 2,200 units) x 100%] + [3,000 units x 50%] |
| Total equivalent units for conversion costs = 440 units + 34,700 units + 1,500 units |
| Total equivalent units for conversion costs = 36,640 units |
| Hence, the Total equivalent units for conversion costs will be 36,640 units |
