Answered: The Filling Department of Ivy Cosmetics…

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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20.04A: Equivalent Units of Conversion Costs

The Filling Department of Ivy Cosmetics Company had 4,300 ounces in beginning work in process inventory (70% complete). During the period, 60,900 ounces were completed. The ending work in process inventory was 3,000 ounces (50% complete).

What are the total equivalent units for conversion costs?

Equivalent Units of Conversion Costs
The Filling Department of Ivy Cosmetics Company had 4,300 ounces in beginning work in process inventory (70% complete). During the period, 60,900 ounces were
completed. The ending work in process inventory was 3,000 ounces (50% complete).
What are the total equivalent units for conversion costs?
X units
Feedback
Y Check My Work
Are you determining the equivalent units of materials added or of conversion of materials? When would materials typically be added in the process? When would
conversion of these materials take place? Recall the definition of work in process.

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