The Cutting Department of Sonora\'s Textiles has the following information about

Question

The Cutting Department of Sonora's Textiles has the following information about production and costs for the month of July: Beginning work in process, 9,200 units that are 100 percent complete as to materials and 35 percent complete as to conversion costs. 15,000 units transferred out. Ending work in process, 6,200 units 100 percent complete as to materials and 65 percent complete for conversion. Using the FIFO method, compute the equivalent units of production for materials and conversion for the month of July. (Leave no cells blank - be certain to enter "0" wherever required.)

Explanation / Answer

Particulars Physical units % Comp-Material Equivalent units-Materials % Comp-Conversion Equivalent units-Conversion Beginning Inventory                  9,200                  -                                -                       65                             5,980 Started and Complted                15,000               100                     15,000                  100                          15,000 Closing Inventory                  6,200               100                       6,200                     65                             4,030                     21,200                          25,010

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