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bernie2981 bernie2981
wrote...
Posts: 3810
8 years ago
The following information is provided by Mel Company:

WIP Inventory, January 1   0 units
Units started   23,000 units
Units completed and transferred out   18,000 units
WIP Inventory, December 31   5,000 units
Direct materials   $22,400
Direct labor   $16,500
Manufacturing Overhead   $27,200

The units in ending WIP Inventory were 90% complete for materials and 25% complete for conversion costs.

Required:
a. What are the total equivalent units for direct materials?
b. At the end of the year, what are the equivalent units for conversion costs?
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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Top Poster
Posts: 2158
8 years ago
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bernie2981 Author
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8 years ago
Helped a lot
wrote...

Yesterday
Good timing, thanks!
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2 hours ago
You make an excellent tutor!
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