Question

The following information is available: Units in process, Dec. 1 (60 percent converted) 2,000 units Units in process, Dec. 31 (50 percent converted) 1,000 units Units started during the month 7,500 units Materials are added at the beginning of the process. How many equivalent units in process for conversion were there in December

Answer 1

Step-by-step explanation:

UNITS TO ACCOUNT FOR:

Beginning Work in Process units 2,000

Add: Units Started in Process 7,500

Total Units to account for: 9,500

Equivalent Units:

UNITS Conversion cost

% Completion Units

Units completed 8500 100% 8,500

Ending Work in Process 1000 30% 300

Total Equivalent units 9500 8,800