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Exercise 21-05 a-b In Coronado Company, materials are entered at the beginning of each process. Work in process inventories, with the percentage of work done
Exercise 21-05 a-b In Coronado Company, materials are entered at the beginning of each process. Work in process inventories, with the percentage of work done on conversion costs, and production data for its Sterilizing Department in selected months during 2020 are as follows. Beginning Work in Process Conversion Units Cost% Month January March 0 Units Transferred Out 11,300 13,000 14,600 10,100 Ending Work in Process Conversion Units Cost% 2,900 64 3,900 38 7,640 80 2,500 47 0 0 May July 0 Your answer is correct. Compute the physical units for January and May. January May Units to be accounted for Beginning work in process 0 Started into production 14200 22240 Total units 14200 22240 Units accounted for Transferred out 11300 14600 Ending work in process 2900 7640 Total units 14200 22240 x Your answer is incorrect. Try again. Compute the equivalent units of production for (1) materials and (2) conversion costs for each month. Materials Conversion Costs January 11300 1856 X X March 13000 3120 x May 14600 6112 x July 10100 1175 Click if you would like to Show Work for this question: Open Show Work
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