The Cutting Department has 4,500units in process at the end of September that are​ 100% complete for direct materials and 85​% complete for conversion costs. Calculate the equivalent units of production for direct materials and conversion costs.   Determine the​ formula, then enter the amounts to calculate the equivalent units of production for direct materials and conversion costs. ​(Enter percentages as whole​ numbers.)       ×          = Number of equivalent units Direct materials         ×   % =   Conversion costs   ×   % =

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter5: Process Costing
Section: Chapter Questions
Problem 14EA: A production department within a company received materials of $10,000 and conversion costs of...
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The Cutting Department has 4,500units in process at the end of
September that are​ 100% complete for direct materials and 85​%
complete for conversion costs. Calculate the equivalent units of production for direct materials and conversion costs.
 
Determine the​ formula, then enter the amounts to calculate the equivalent units of production for direct materials and conversion costs. ​(Enter percentages as whole​ numbers.)
 
 
 
×
        
=
Number of equivalent units
Direct materials
       
×
 
%
=
 
Conversion costs
 
×
 
%
=
 
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