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Home Q & A Board Other Fields Homework Help Business Accounting
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bernie2981 bernie2981
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8 years ago
Ready Company adds direct materials at the beginning of the process and adds conversion costs throughout the process. Data for the Finishing Department follows:

WIP, April 1   14,000 units
Transferred-in costs in WIP, April 1   $79,940
Direct materials (100%) in WIP, April 1   $24,420
Conversion costs (75%) in WIP, April 1   $23,400
Units transferred-in   47,000
Transferred-in costs during April   $550,900
Units completed   41,000
April direct materials cost   $155,500
April conversion costs   $239,250
WIP, April 30   20,000 units
(100% for materials and 50% for conversion costs)
   

What are the equivalent units for direct materials?
A) 51,000
B) 67,000
C) 55,000
D) 61,000
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Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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