In a particular department,5,000 units were started and all but 600 were completed at the end of the period.These 600 were 70% complete for materials and 45% for conversion costs.Costs added were $52,300 for materials and $53,500 for conversion costs.What is the total number of equivalent units for conversion costs?

Question

Quizplus · Accepted Answer

To find the equivalent units for conversion costs, we need to calculate the portion of the 600 incomplete units that are equivalent to fully completed units.

For materials, all 600 units are 70% complete, so the equivalent units for materials would be:

600 * 0.7 = 420

For conversion costs, the 600 units are only 45% complete, so the equivalent units for conversion costs would be:

600 * 0.45 = 270

Adding these equivalent units to the 5,000 completed units gives us a total of:

5,000 + 420 + 270 = 4,690

Therefore, the answer is B) 4,670.

In a Particular Department,5,000 Units Were Started and All but 600