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You need to determine the physical status of units and convert them into equivalent units. You have the following information below. What are the DM
You need to determine the physical status of units and convert them into equivalent units. You have the following information below. What are the DM and Conversion costs? Physical Units: Units in beginning WIP Inventory completed this period. 2,500 Units started and completed this period. 1,500 Units in ending WIP Inventory. 1,000 DM % added this period: Units in beginning WIP Inventory completed this period. 65% Units started and completed this period. 80% Units in ending WIP Inventory. 95% Conversion Costs % added this period: Units in beginning WIP Inventory completed this period. 60% Units started and completed this period. 90% Units in ending WIP Inventory. 20%
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