Question
The Townson Manufacturing Company has gathered the following information for the month of September: 9,600 units in the beginning Work-in-Process Inventory (75% complete as to
The Townson Manufacturing Company has gathered the following information for the month of September:
- 9,600 units in the beginning Work-in-Process Inventory (75% complete as to materials, 1/3 complete with respect to the conversion costs).
- 96,000 units were started into production.
- 65,600 units were completed and transferred to the next department.
- The ending Work-in-Process Inventory is complete as to materials but only 3/8 complete with respect to conversion costs.
What are the equivalent units of production (EUPs) for the conversion costs in the month of September assuming Townson uses weighted-average process costing?
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
3rd Edition
9780078025525, 9780077517359, 77517350, 978-0077398194
