Question
The following information is provided by ZanderCorporation: WIP Inventory, January 1 0 units Units started 13,600 Units completed and transferred out 8,600 WIP Inventory, December
The following information is provided by ZanderCorporation:
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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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
22nd Edition
324401841, 978-0-324-6250, 0-324-62509-X, 978-0324401844
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