Question
Equivalent Units of Materials Cost The Filling Department of Ivy Cosmetics Company had 2,800 ounces in beginning work in process inventory (70% complete). During the
Equivalent Units of Materials Cost
The Filling Department of Ivy Cosmetics Company had 2,800 ounces in beginning work in process inventory (70% complete). During the period, 46,100 ounces were completed. The ending work in process inventory was 2,300 ounces (50% complete).
What are the total equivalent units for direct materials if materials are added at the beginning of the process?
Equivalent Units of Conversion Costs
The Filling Department of Ivy Cosmetics Company had 6,900 ounces in beginning work in process inventory (10% complete). During the period, 62,500 ounces were completed. The ending work in process inventory was 4,400 ounces (30% complete).
What are the total equivalent units for conversion costs?
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Accounting Information Systems
Authors: Steven M. Bragg
2nd Edition
164221079X, 9781642210798
