question 2 chapter 8 ex end nneducation.com/hm.tpx?-:0.443491552251 94_146058319

Question

question 2 chapter 8 ex

end nneducation.com/hm.tpx?-:0.443491552251 94_1460583195291 Clean Corparation manufactures iquid window cleaner The tolowing information concerns ts work n . Beginning inventory, 36.000 (50 percent complete with respect to materials and 31 percent compiete wtm respect to conversion costs) - Transferred . out, 208,000 gailons Ending inventory (materials are 19 percent complete, conversion costs are 9 percent complete . Started this month, 243.000 galions Required (a) Compute the equivalent units for materials using FIFO (b)Compute the equivalent units for conversion costs using FIFO Equivalent units (galions)

Explanation / Answer

Equivalent units:

a Equivalent units for material = 203490 units

b. Equivalent units for conversion = 203230 units

units particulars physical units material conversion 36000 o wip 36000 18000 50% 24840 69% 243000 units started and completed 172000 172000 172000 tranferred out 208000 c wip 71000 13490 19% 6390 9% Equivalent units 279000 203490 203230

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