Question
Kels Company has the following production data for April: Beginning Work in Process, 4,000 units Units transferred out, 85,000 Units in ending Work in Process,
Kels Company has the following production data for April:
- Beginning Work in Process, 4,000 units
- Units transferred out, 85,000
- Units in ending Work in Process, 12,000, which are 90% complete for conversion costs
Materials are added only at the beginning of the process.
Required: Calculate equivalent units of production for conversion costs using the weighted-average method.
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Financial Accounting Theory
Authors: Craig Deegan
3rd Edition
0070277265, 978-0070277267
