=+cereal. On October 31, the packing machine hopper held 1,125 pounds of cereal, and the package carousel

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=+cereal. On October 31, the packing machine hopper held 1,125 pounds of cereal, and the package carousel held 750 empty 24-oz. (11

⁄2-pound) boxes. Assume that once a box is filled with cereal, it is immediately transferred to the finished goods warehouse.

Determine the equivalent units of production for cereal, boxes, and conversion costs for October. An equivalent unit is defined as “pounds” for cereal and “24-oz.

boxes” for boxes and conversion costs.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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