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Acme Company uses a process costing system. Here are data regarding the work in process inventory of the first processing department for the month of
Acme Company uses a process costing system. Here are data regarding the work in process inventory of the first processing department for the month of August: August 1 Started Costs added during August Completed and transferred out O2.730 20.100 22.830 27,900 Units O None of the above 3,600 24,300 20,100 The units in beginning work in process inventory are 65% complete with respect to direct materials and 45% complete with respect to conversion costs. The units in ending work in process inventory are 50% complete with respect to direct materials and 35% complete with respect to conversion costs. What are the equivalent units of production for conversion costs during the month of August? Direct material costs $19,500 $136,043 Conversion costs $22,800 $160,542
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