Question
At the end of the current period, Hiller Manufacturing has 5,000 partially finished units remaining in its Forming Department. These units are 100% complete with
At the end of the current period, Hiller Manufacturing has 5,000 partially finished units remaining in its Forming Department. These units are 100% complete with respect to their direct materials costs and 30% complete with respect to their conversion costs. Answer the following questions pertaining to equivalent units in Hiller's Forming
Department: 1. The equivalent units of direct materials at the end of the period total equivalent units.
2. The equivalent units of conversion at the end of the period total equivalent units.
3. The equivalent units of direct materials required to finish these units total equivalent units.
4. The equivalent units of conversion required to finish these units total equivalent units.
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