Ready Company adds direct materials at the beginning of the process and adds conversion costs throughout the process.Data for the Finishing Department follows:

What are the equivalent units for conversion costs?

Name: Ready Company adds direct materials at the beginning of the process and adds conversion costs throughout the process.Data for the Finishing Department follows: What are the equivalent units for conversion costs?
Brand: Quizplus
Rating: 4.8 (49 reviews)

Question

Ready Company adds direct materials at the beginning of the process and adds conversion costs throughout the process.Data for the Finishing Department follows:

What are the equivalent units for conversion costs?

Quizplus · Accepted Answer

A)
Completed units 41,000
End WIP 10,000 (20,000 × 50%)
51,000

Ready Company Adds Direct Materials at the Beginning of the Process