Question

The Bottling Department of Rocky Springs Beverage Company had 3,582 ounces in beginning work in process inventory (10% complete). During the period, 39,800 ounces were completed. The ending work in process inventory was 2,388 ounces (50% complete).

What are the total equivalent units for conversion costs? Note: Round to the nearest whole unit.

units

Answer 1

FIFO Method Equivalent units Materials Conversion Cost Equivalent Percentage Of Equivalent Units Completion | Units C=A*B E=A*D Particulars Input Units Particulars Output Units Percentage Of Completion A Opening work in progress 3,582 0% 90% 3,224 Beginning work in progress units 3,582 completed Units started and completed during 38,606 this period Units Completed Units Introduced 100% 100% 36,218 39.800 36.218 36,218 36,218 39,442 Closing work in progress 2,388 100% 2,388 50% 1,194 42,188 Total 42,188 38,606 40,636 Materials Conversion Cost Equivalent units 38,606 40,636 Weighted Average Method Equivalent units Materials Particulars Input Units Particulars Output Units Percentage Of Completion В. Conversion Cost Equivalent Percentage Of Equivalent Units Completion Units C=A* B D E=A*D 39,800 100% 39,800 A Opening work in progress Units Introduced 39,800 100% 3,582 Units Completed 38,606 Units Completed 39,800 39,800 39,800 Closing work in progress 2,388 100% 2,388 509 1,194 42,188 Total 42,188 42,188 40,994 Materials Conversion Cost Equivalent units 42,188 40,994