Equivalent Units of Conversion Costs The Rolling Department of Kraus Steel Company had 3,450 tons in...
Equivalent Units of Conversion Costs
The Rolling Department of Kraus Steel Company had 3,450 tons in beginning work in process inventory (40% complete) on October 1. During October, 34,500 tons were completed. The ending work in process inventory on October 31 was 2,415 tons (30% complete).
What are the total equivalent units for conversion costs? Round to the nearest whole unit.
Homework Answers
Total equivalent units for conversion cost = 3450*60% + (34500-3450)*100% + 2415*30%
= 33845 units
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Equivalent Units of Conversion Costs
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