At Onyx Incorporated, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include: What are the total equivalent units for conversion costs?

Question

At Onyx Incorporated, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include:  What are the total equivalent units for conversion costs?

Quizplus · Accepted Answer

The total equivalent units for conversion costs are calculated by multiplying the number of units completed during the period by the percentage of completion for conversion costs, and then adding the equivalent units for the units in ending work in process inventory.

Based on the information given, we know that direct materials are added at the beginning of the process, so we only need to consider the conversion costs. The question does not provide the number of units completed during the period, but it does provide the equivalent units for direct materials (142,600), which implies that the total equivalent units for both direct materials and conversion costs are the same. Therefore, the answer is C, 142,600.

At Onyx Incorporated, Direct Materials Are Added at the Beginning