Green Paints has 4,000 gallons of paint in WIP inventory,with all materials already added.The paint is 80% through the process.Assuming all conversion costs are added evenly throughout the process,what are the equivalent units for conversion costs?

Question

Quizplus · Accepted Answer

Since the 4,000 gallons of paint are already in the process at 80%, we only need to calculate 20% of the conversion costs to determine the equivalent units. Therefore, the equivalent units for conversion costs are 80% of 4,000 gallons, which is 3,200 gallons. The correct answer is C.

Green Paints Has 4,000 Gallons of Paint in WIP Inventory,with