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Assume a Company's Beginning Work in Process Consists of 20,000  Transferred InMaterialsConversion Costs \text { Transferred In\quad Materials\quad Conversion Costs }

Question 73

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Assume a company's beginning work in process consists of 20,000 units, 40% complete. Materials are added at the beginning of the process. During the month, 90,000 units are transferred in. The ending work in process consists of 10,000 units, 50% complete. Under the standard cost method, the equivalent units of production are:  Transferred InMaterialsConversion Costs \text { Transferred In\quad Materials\quad Conversion Costs }
a) 90,00090,00097,000\quad90,000 \quad\quad\quad {90,000} \quad\quad\quad {97,000}
b) 110,000100,000105,000\begin{array}{lll}110,000 \quad\quad& 100,000 \quad\quad& 105,000\end{array}
c) 110,00092,000105,000\quad110,000 \quad\quad\quad 92,000 \quad\quad 105,000
d) 90,000100,000105,000\quad90,000 \quad\quad\quad 100,000 \quad\quad 105,000

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