Question
The following information is provided by Zander Corporation: WIP Inventory, January 1 0 units Units started 13,600 Units completed and transferred out 8,600 WIP Inventory,
The following information is provided by Zander Corporation:
WIP Inventory, January 1 0 units
Units started 13,600
Units completed and transferred out 8,600
WIP Inventory, December 31 5,000
Direct materials $28,200 Direct labor $18,000
Manufacturing Overhead $7,500
The units in ending WIP Inventory were 80% complete for materials and 80% complete for conversion costs. At the end of the year, what are the equivalent units for conversion costs?
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
3rd Edition
978-0077398194
