Question 23 When 20,000 units in a process are 70% complete, how are they referr

Question

Question 23

When 20,000 units in a process are 70% complete, how are they referred to?

a. 20,000 equivalent units of production

b. 6,000 equivalent units of production

c. 14,000 equivalent units of production

d. 8,000 equivalent units of production

Question 24

KAP Company is trying to determine the equivalent units for conversion costs with 5,000 units of ending work in process at 80% completion and 45,000 units that are 100% complete as to materials. There are no beginning units in the department. Materials are added at the beginning of the process, and conversion costs occur evenly throughout the entire production period. What are the equivalent units of production for conversion costs for the current period?

a. 50,000

b. 49,000

c. 44,000

d. 4,000

Question 25

KAP Manufacturing is trying to determine the equivalent units for conversion costs with 10,000 units of ending work in process at 80% completion and 32,000 physical units. There are no beginning units in the department. Conversion costs occur evenly throughout the entire production period. What are the equivalent units for conversion costs for the current period?

a. 42,000

b. 40,000

c. 8,000

d. 30,000

a. 20,000 equivalent units of production

b. 6,000 equivalent units of production

c. 14,000 equivalent units of production

d. 8,000 equivalent units of production

Explanation / Answer

Q23) 20000 unit 70% in process = 20000*70% = 14000 equivalent unit

so answer is c. 14,000 equivalent units of production

Q24) Equivalent unit for conversion cost = (45000*100%+5000*80%) = 49000 unit

so answer is b) 49000

Q25) Equivalent unit for conversion cost = (10000*80%+32000) = 40000 unit

so answer is b) 40000 unit

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