a. Equivalent units = Units transferred + Ending WIP x
Completion
Materials = 656000 + 133000 x 0% = 656000 units
Conversion = 656000 + 133000 x 30% = 695900 units
b. Equivalent units = Beginning WIP x (100% - Completion) +
Units Started & completed + Ending WIP x Completion
Materials = 163000 x (100%-100%) + (656000-163000) + 133000 x 0% =
493000 units
Conversion = 163000 x (100%-70%) + (656000-163000) + 133000 x 30% =
581800 units
c.
c-1
The change will reduce the unit cost for the units transferred
c-2
No this is not ethical since, it will report income which is not
true reported income.
onumpany has a process conting system. All materials are introduced when conversion cost reach 50 percent....
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