Ask Question
11 March, 21:53

Wynona Corp's production cost data for the current period is: Beginning work in process inventory: 20,000 units Units started into production: 15,000 units Ending work in process inventory: 6,000 units All materials are entered at the beginning of the process and conversion costs are incurred uniformly throughout the process. The ending work in process units are 20% complete as to conversion costs. What are the equivalent units of production for conversion costs?

+3
Answers (1)
  1. 11 March, 22:09
    0
    30,200 units

    Explanation:

    We have at the begining 20,000 units in process and during the period studied an additional bulk of 15,000 units starts it production, so:

    During the studied period, (20,000+15,000) 35,000 are produced, but as at the end of the period we have 6,000 unit as work in progress, only 35,000-6,000 = 29,000 units are finished.

    So, we have 29,000 finished units + 6,000 work in progress units.

    The work in process units are equivalent to: 6,000 units*0,2 = 1,200 equivalent units.

    Total equivalent units = 29,000 + 1,200 = 30,200 Units
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Wynona Corp's production cost data for the current period is: Beginning work in process inventory: 20,000 units Units started into ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers