Use the information below to answer the following questions:
At Polson Company, materials are added at the beginning of the process and conversion costs are added uniformly.

-On March 31, what is the total number of physical units to account for at Polson Company?

Question

Use the information below to answer the following questions:
At Polson Company, materials are added at the beginning of the process and conversion costs are added uniformly.
 
-On March 31, what is the total number of physical units to account for at Polson Company?

Quizplus · Accepted Answer

The total number of physical units to account for includes both units that were started and completed and units that are still in process. In this case, 40,000 units were started and completed, and there are 13,000 units in process (10% of 130,000), so the total number of physical units to account for is 53,000.

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