Req A Req B Req C1 Req C2 Req C3 ces The company president has been under considerable pressure to increase income. He tells the controller to change the estimated completion for ending work in process to 70 percent (from 30 percent). What effect will this change have on the unit costs of units transferred to finished goods in March? OThe change will reduce the unit cost for the units transferred to finished goods. The change will increase the unit cost for the units transferred to finished goods Hill Type here to search 84F Partly sunny 108 W 21 21 2N = PS 1 16 nces Complete this question by entering your answers in the tabs below. Req A Req B Req C1 Req C2 Req C3 Compute the equivalent units for materials costs and for conversion costs using the FIFO method. Equivalent Units Materials Conversion costs Mc Graw Hill Type here to search < Req A Req C1 > < Prev 4 of 7 Next > 84F Partly sunny ^C 21 12 ZM 716 P SL 17 k Aaron Company has a process costing system. All materials are introduced when conversion costs reach 50 percent. The following information is available for physical units during March. Work in process, March 1 (70% complete as to conversion costs) Units started in March Units transferred to Finishing Department in March Work in process, March 31 (30% complete as to conversion costs) 151,000 602,000 632,000 121,000 ht ences Mc Graw Hill Required: a.Compute the equivalent units for materials costs and for conversion costs using the weighted-average method. b. Compute the equivalent units for materials costs and for conversion costs using the FIFO method. c. The company president has been under considerable pressure to increase income. He tells the controller to change the estimated completion for ending work in process to 70 percent (from 30 percent). c-1. What effect will this change have on the unit costs of units transferred to finished goods in March? c-2. Would this be ethical? c-3. Is this likely to be a successful strategy for affecting income over a long period of time? Complete this question by entering your answers in the tabs below. Type here to search LO 2694CU Req A Req B Req C1 Req C2 Req C3 < Prev 4 of 7 Next > eBook Req A Req B Req C1 Req C2 Req C3 Print References Compute the equivalent units for materials costs and for conversion costs using the weighted-average method. Equivalent Units Materials Conversion costs Mc Graw Hill Type here to search THE O 24 19 w E B D < Prev 4 of 7 Next > 84F Partly sunny- 9 A FO W D " 95 aw ete this question by entering your answers in the tabs below. Req A Req B Req C1 Req C2 Req C3 The company president has been under considerable pressure to increase income. He tells the controller to change the estimated completion for ending work in process to 70 percent (from 30 percent). Would this be ethical? Yes ONO be here to search 0 < Previ 4 of 7 Next > Et 64F Partly sunny TO V T W Y U O J 24 12 19 Req A Req B Req C1 Req C2 Req C3 The company president has been under considerable pressure to increase income. He tells the controller to change the estimated completion for ending work in process to 70 percent (from 30 percent). Is this likely to be a successful strategy for affecting income over a long period of time? Yes ONO MC Graw ype here to search < Req C2 Req C3 > < Prev 4 of 7 Next > 84F Partly sunny 2 TO 20 9 4 97 V 6 E R T Y L O P A D H K ZM 2 2 S 16