LG manufactures cell phones. The conversion costs to produce cell phones for November are added evenly throughout

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LG manufactures cell phones. The conversion costs to produce cell phones for November are added evenly throughout the process in the assembly department. For each of the following separate assumptions, calculate the equivalent units of conversion costs in the ending work in process inventory for the assembly department:

1. 12,000 cell phones were \(80 \%\) complete 

2. 22,000 cell phones were \(20 \%\) complete.

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Accounting

ISBN: 9780132439602

7th Edition

Authors: Charles T. Horngren, Walter T. Harrison

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