Question

The Smelting Department of Kiner Company has the following production and cost data for November.

Production: Beginning work in process 3,700 units that are 100% complete as to materials and 29% complete as to conversion costs; units transferred out 9,300 units; and ending work in process 9,100 units that are 100% complete as to materials and 40% complete as to conversion costs.

Compute the equivalent units of production for (a) materials and (b) conversion costs for the month of November.

		Materials		Conversion Costs
Total equivalent units

Answer 1

	Materials	Conversion costs
Total equivalent units	= 9300 + (9100*100%) = 18,400	= 9300 + (9100*40%) = 12,940

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