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O heview Test- Paige Hudleston - Google Chrome Serure https:/www.mathxl.com/Stud

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Question

O heview Test- Paige Hudleston - Google Chrome Serure https:/www.mathxl.com/Student/Player Test.aspx?TestResutd-710986890review yes Paige Huddleston17/15/18 12-48 PM ACCT 2302-020 Summer 2018 Review Test: Practice Test 1 Chapters 16, 17, 18 Close Score: 0 of 1 pt 5 of 40 Test Score: 82.5%, 33 of 40 pts X18.2-11a were 60% complete. Tem e as e red The Refin ng Department of Sweet Sugar, nc. had 76,000 s o su ar o account in July. Of t e 76,000 tons, 42.000 ons were complete and ansfer ed o theto ng Department, a d the re man g 3 COO to for prcduction arc addd at the bog ning of the process Conversicn costs are added oqually throughout the reining proccss Calculatc the tctal cquivalent units of producion for dirct matcrials OA. 20,400 umils B. 76,000 units C.6.400 units D. 42 DX units Question is complete. Tap on the red indicators to see incorrect answers

Explanation / Answer

Answer:

Equivalent units of production for Direct Material =76000 units

Working notes for the above answer is as under

Whole unit

Direct
material

Conversion

Completed and transferred out

42,000

100%

42000

100%

42000

Ending work in progress

34000

100%

34000

60%

20400

Total Units accounted for

76,000

76000

62400

Equivalent units of production for Direct Material =76000 units

Equivalent units of production for Conversion =62,400 units

Whole unit

Direct
material

Conversion

Completed and transferred out

42,000

100%

42000

100%

42000

Ending work in progress

34000

100%

34000

60%

20400

Total Units accounted for

76,000

76000

62400