If 45,000 units of ending work in process inventory are 60 percent complete as to conversion costs,27,000 equivalent units of conversion costs must be incurred to complete these units during the next period.

Question

Quizplus · Accepted Answer

The equivalent units for the ending work in process inventory would be 45,000 units * 60% = 27,000 equivalent units, which means these units have already incurred 27,000 equivalent units of conversion costs, not that 27,000 more are needed to complete them.

If 45,000 Units of Ending Work in Process Inventory Are