Question
The following information is provided by Adametz Company: WIP Inventory, January 1 0 units Units started 7 comma 4007,400 Units completed and transferred out 2
The following information is provided by Adametz Company:
WIP Inventory, January 1 0 units Units started 7 comma 4007,400 Units completed and transferred out 2 comma 5002,500 WIP Inventory, December 31 4 comma 9004,900 Direct materials $15,500 Direct labor $18,400 Manufacturing Overhead $9,000
The units in ending WIP Inventory were 81 % complete for materials and 50% complete for conversion costs. What are the total equivalent units for direct materials and conversion costs? Please show your work!
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Financial Accounting A Business Perspective
Authors: Roger H. Hermanson, James Don Edwards
7th Edition
0072289988, 978-0072289985
