Question
Equivalent Units of Conversion Costs The Rolling Department of Oak Ridge Steel Company had 4,450 tons in beginning work in process inventory (20% complete) on
Equivalent Units of Conversion Costs
The Rolling Department of Oak Ridge Steel Company had 4,450 tons in beginning work in process inventory (20% complete) on July 1. During July, 44,500 tons were completed. The ending work in process inventory on July 31 was 2,670 tons (40% complete).
What are the total equivalent units for conversion costs? Round to the nearest whole unit.
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
11th Edition
111856667X, 978-1118566671
