Red Company adds materials at the beginning of the process in Department O. The followingdata pertains to Department O's work in process during March:Units work in process on March 1:( 60% complete as to conversion cost )3,00025,00020,000Units started in MarchUnits completed in MarchUnits work in process on March 31:( 75% complete as to conversion cost)8,000Under the average costing method, the equivalent units for conversion cost is:а. 21,800b. 26,000с. 24,000d. 25,000

Name: Red Company adds materials at the beginning of the process in Departm
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Description: Red Company adds materials at the beginning of the process in Department O. The followingdata pertains to Department O's work in process during March:Units work in process on March 1:( 60% complete as to conversion cost )3,00025,00020,000Units start

Equivalent units of ending inventory = 8,000 x 75% = 6,000

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Accounting

Red Company adds materials at the beginning of the process in Department O. The following data pertains to Department O's work in process during March: Units work in process on March 1: ( 60% complete as to conversion cost ) Units started in March 3,000 25,000 20,000 Units completed in March Units work in process on March 31: ( 75% complete as to conversion cost ) 8,000 Under the average costing method, the equivalent units for conversion cost is: a. 21,800 b. 26,000 c. 24,000 d. 25,000

Red Company adds materials at the beginning of the process in Department O. The following data pertains to Department O's work in process during March: Units work in process on March 1: ( 60% complete as to conversion cost ) Units started in March 3,000 25,000 20,000 Units completed in March Units work in process on March 31: ( 75% complete as to conversion cost ) 8,000 Under the average costing method, the equivalent units for conversion cost is: a. 21,800 b. 26,000 c. 24,000 d. 25,000

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 4BE: The Rolling Department of Kraus Steel Company had 200 tons in beginning work in process inventory...

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