Question
Equivalent Units of Conversion Costs The Rolling Department of Oak Ridge Steel Company had 4,230 tons in beginning work in process inventory (70% complete) on
Equivalent Units of Conversion Costs
The Rolling Department of Oak Ridge Steel Company had 4,230 tons in beginning work in process inventory (70% complete) on July 1. During July, 70,500 tons were completed. The ending work in process inventory on July 31 was 4,935 tons (90% complete).
What are the total equivalent units for conversion costs? Round to the nearest whole unit.
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Management Accounting A Business Planning Approach
Authors: Noah P. Barsky, Jr. Anthony H. Catanach
2nd Edition
1516506286, 978-1516506286
