The Molding Department of Boswell Company has the following production data: beginning work process 40000 units (60% complete) started into production 730000 units completed and transferred out 690000 units and ending work in process 80000 units (40% complete). Assuming conversion costs are incurred uniformly during the process the equivalent units for conversion costs are:

Question

Quizplus · Accepted Answer

The equivalent units for conversion costs are calculated by adding the units completed and transferred out (690,000) to the equivalent units in ending work in process (80,000 units * 40% = 32,000), totaling 722,000 equivalent units.

The Molding Department of Boswell Company Has the Following Production