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The Rolling Department of Kraus Steel Company had 6,752 tons in beginning work in process inventory (60% complete) on October

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Answer #1
Total Equivalent Units for Conversion Costs                82,121 units
Working
Physical Units Percent Conversion Completed in Period Equivalent Units for Conversion
Beginning work in process                 6,752 40%                   2,701
Started in Production and Completed                77,648 100%                 77,648
Transferred out in Rolling                84,400
Ending work in process                 5,908 30%                   1,772
              82,121
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