Return to Blackboard Weygandt, Accounting Principles, 12e Help I System An Multi

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Return to Blackboard Weygandt, Accounting Principles, 12e Help I System An Multiple Choice Question 56 Sunland and Miller Manufacturing is trying to determine the equivalent units for conversion costs with 10300 units of ending work in process at 80% completion and 31600 physical units. There are no beginning units in the department. Conversion costs occur evenly throughout the entire production period. What are the equivalent units for conversion costs for the current period? O 8240. 29540. O 41900 39500. LINK TO TEXT Question Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER 816 PM

Explanation / Answer

A) No of units completed (total physical units - closing work in progress) = 31,600-10,300 = 21,300 units

B) equivalent units of conversion costs for ending work in progress = 10,300*80% ,= 8,240 units

C) Total equivalent units for conversion costs = A+B = 21,300+8,240 =29,540 units

Ans) option (b) 29,540 is correct

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