The Smelting Department of Mathews Manufacturing Company has the following produ
ID: 2496659 • Letter: T
Question
The Smelting Department of Mathews Manufacturing Company has the following production and cost data for November.
Production: Beginning work in process 2,530 units that are 100% complete as to materials and 30% complete as to conversion costs; units transferred out 8,620 units; and ending work in process 7,710 units that are 100% complete as to materials and 50% complete as to conversion costs.
Compute the equivalent units of production for (a) materials and (b) conversion costs for the month of November.
Materials
Conversion Costs
Materials
Conversion Costs
Total equivalent unitsExplanation / Answer
Answer :
Unit Production in term of material
Unit Transfered out 8620
Closing Unit in Hand (100% Complete) 7710
-------------
Total Unit 16330
Less Opening Unit in hand 2530
-----------------------
Unit Produced 13800
------------------------------
Unit Production in term of Conversion Cost
Unit Transfered out 8620
Closing Unit in Hand (50% Complete) 3855
(7710*50%) -------------
Total Unit 12475
Less Opening Unit in hand 759
(2530*30%) -----------------------
Unit Produced 11716
------------------------------
Materials Conversion costs Total eqyivalent Units 13800 11716Related Questions
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