Ohio, Inc., which uses a process-cost accounting system, began operations on Jan

Question

Ohio, Inc., which uses a process-cost accounting system, began operations on January 1 of the current year. The company incurs conversion cost evenly throughout manufacturing. If Ohio started work on 8,800 units during the period and these units were 60% of the way through manufacturing, it would be correct to say that the company has:

Ohio, Inc., which uses a process-cost accounting system, began operations on January 1 of the current year. The company incurs conversion cost evenly throughout manufacturing. If Ohio started work on 8,800 units during the period and these units were 60% of the way through manufacturing, it would be correct to say that the company has:

Explanation / Answer

The correct answer is

A. 8800 Physical units in production'

or we can also say that equivqlent units of production are 8800*60% = 5280 units equivalent

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