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1.The Smelting Department of Monalisa Company has the following production and cost data for November: Production:Beginning Work in process 2,000 units that are 100% complete
1.The Smelting Department of Monalisa Company has the following production and cost data for November:
Production:Beginning Work in process 2,000 units that are 100% complete as to materials and 20% complete as to conversion costs; units transferred out 8,000 units; and ending work in process 7,000 units that are 100% complete as to materials and 40% complete as to conversion costs.
How do you compute the equivalent units of production for:a.) materials and b) for conversion costs for the month of November.
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