Question

Mar y had to com e $12 and conversion costs $9. On March 1, had no work in process. During March, Kelly transferred at 21.500
Your answer is incorrect. Try again. Compute the equivalent units of production Materials Conversion costs The equivalent uni
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Answer #1

Answer 1

Total units (23,500+3700) 27,200

Answer 2

Material Coversion costs
Equivalent units 27,200                 25,202

Answer 3

Costs accounted for as follows:
Transferred out (23500*21) $ 493,500
Work in progress
Material (3700*12) $ 44,400
Conversion Cost (3700*46%*9) $ 15,318 $   59,718
Total cost $ 553,218

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