Question
Equivalent Units of Conversion Costs The Rolling Department of Oak Ridge Steel Company had 6,084 tons in beginning work in process inventory (80% complete) on
Equivalent Units of Conversion Costs
The Rolling Department of Oak Ridge Steel Company had 6,084 tons in beginning work in process inventory (80% complete) on July 1. During July, 50,700 tons were completed. The ending work in process inventory on July 31 was 3,042 tons (10% complete).
What are the total equivalent units for conversion costs? Round to the nearest whole unit._____________ units
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
8th edition
978-1118953815, 978-1118953907
