Return to Blackboard Weygandt, Accounting Principles, 12e Help I Sys NEXT Multip

Question

Return to Blackboard Weygandt, Accounting Principles, 12e Help I Sys NEXT Multiple Choice Question 74 Bonita Company is trying to det completion and 44500 units that are 100% complete as to materials. There are no beginning units in the department. Materials are added at the beginning of the process, and conversion costs occur evenly throughout the entire production period. What is the equivalent units of production for conversion costs for the current period? sion costs with 4500 units of ending work in process at 70% 47650. O 3150. O 43150. ? 49000 LINK TO TEXT SAVE FOR LATER Question Attempts: 0 of 1 used 841 PM 7/28/2018

Explanation / Answer

Ans) Option (B) 3,150 units is corect

Reason: (A) Equivalent units for ending work in progress units (4,500*70%) = 3,150 units

(B) equivallent units of convesrion costs of units consumed 100% material = 0 (Since convesrsion costs incurred during the production process where as materials consumed at the beginning of the process so materials consumed and convesrion costs not yet incurred)

Total Equivalent units for conversion costs =A+B= 3,150 units

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