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Ending work in process units: 2,000 units * 60% = 1,200 units * 60% = 720 units Total equivalent units for conversion costs: 11,000 units
Ending work in process units: 2,000 units * 60% = 1,200 units * 60% = 720 units Total equivalent units for conversion costs: 11,000 units + 720 units = 11,720 units why are you multiplying 60% twice in conversion cost?
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
16th edition
1259307417, 978-1260153132, 1260153134, 978-1259307416
