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what is the equivalent unit for Transfered in cost Direct material Conversion cost Happy Company produces baseball bats and cricket paddles. It has two departments
what is the equivalent unit for
Happy Company produces baseball bats and cricket paddles. It has two departments that process all products - Cutting Department and Finishing Department. In Finishing Department, direct materials (DM) are added at the start of the process and conversion costs (CC) are added evenly during the process, Company is using Weighted Average method for the Finishing Department. During July, beginning work in process in the Finishing Department was 80% complete as to conversion. Beginning inventories included $28,000 for transferred-in costs, $12,000 for direct materials, and $25,000 for conversion costs. Ending inventory was 30% complete as to CC. Additional information about the Finishing Department follows: What is equivalent units for transferred-in cost, direct materials, and conversion cost, respectively? Example of Answer: 4000 (No comma, space, decimal point, or $ sign) Transfered in cost
Direct material
Conversion cost
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