Question
Equivalent Units of Conversion Costs The Rolling Department of Kraus Steel Company had 6,461 tons in beginning work in process inventory (20% complete) on October
Equivalent Units of Conversion Costs
The Rolling Department of Kraus Steel Company had 6,461 tons in beginning work in process inventory (20% complete) on October 1. During October, 49,700 tons were completed. The ending work in process inventory on October 31 was 3,479 tons (40% complete). What are the total equivalent units for conversion costs? Round to the nearest whole unit.
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Essentials of Accounting for Governmental and Not-for-Profit Organizations
Authors: Paul A. Copley
10th Edition
007352705X, 978-0073527055
