Question
Advanced Disk Drive Company operates a computer disk manufacturing plant. Direct materials are added at the end of the process. The following data were for
Advanced Disk Drive Company operates a computer disk manufacturing plant. Direct materials are added at the end of the process. The following data were for June 2020:
Work in process, beginning inventory151,400 units
Transferred-in costs (100% complete)
Direct materials (0% complete)
Conversion costs (85% complete)
Transferred in during current period451,200 units
Completed and transferred out401,000 units
Work in process, ending inventory202,000 units
Transferred-in costs (100% complete)
Direct materials (0% complete)
Conversion costs (65% complete)
Calculate equivalent units for conversion costs using the FIFO method.
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Cost Accounting A Managerial Emphasis
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
6th Canadian edition
978-0132893534, 9780133389401, 132893533, 133389405, 978-0133392883
