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View History Bookmarks Tools Window Help Firefox Pioneer ?e https://newconnect.mheducation.com/flow/connect.html?session x and the Web Tell me more 4-16 6 a search Saved Help Save& Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding Department: Units: Beginning inventory: 43,000 units, 100% complete as to materials and 60% complete as to conversion. Units started and completed: 146,000. Units completed and transferred out: 189,000. Ending inventory: 39,000 units, 100% complete as to materials and 30% complete as to conversion. Costs: Costs in beginning Work in Process- Dir?ct Materials: $61,000. Costs in beginning Work in Process-Conversion: $66,850. Costs incurred in February- Direct Materials: $305,000. Costs incurred in February-Conversion: $617150 Calculate the equivalent units of conversion. Multiple Choice

Explanation / Answer

Equivalent units of production = (43000*40%)+146000+(39000*30%)= 174900

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