The Nitrogen Fixation Department of Tomco Company began the month of December with beginning work in process of 4000 units that are 100% complete as to materials and 30% complete as to conversion costs. Units transferred out are 12000 units. Ending work in process contains 10000 units that are 100% complete as to materials and 40% complete as to conversion costs.
Instructions
Compute the equivalent units of production for materials and conversion costs for the month of December.
Correct Answer:
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