Review Test- Daysha Cresswell - Google Chrome Secure l https://www.m tudent/Play

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Review Test- Daysha Cresswell - Google Chrome Secure l https://www.m tudent/Player Test.aspx?testResultld 646709249&back-;/Student/Res.. ACCT 202 Online Intro to Managerial Acctg F (1) Review Test: Exam - Chapters 3-5 Close Score: 3 of 3 pts 160120 Test Score: 47 64%, 4764 5.5-37 Garrison Company adds direct materials at the beginning of the process and adds conversion costs throughout the process. The following data represents data in the Shaping Department (click the icon to view the data.) What are the equivalent units for conversion costs? OA 46,600 OB. 56,000 C.52,750 D. 48.200 Data Table WIP April1 Transferred - in costs in WIP. April 1 Direct materials (100%) in WIP April 1 Conversion costs (75%) in WMP Apri 1 Units transferred-in Transferred-in costs during Apri Units completed April direct materials cost April conversion costs WIP April 30 (100% for materials and 40% for conversion costs) 9,000 units $79.940 $24 420 $23.400 47,000 $550 900 43.000 $155.500 5239 250 13,000 units Print Done Question is complete 10/s/2017 lup

Explanation / Answer

units completed = 43000

100% hence 43000*100 % = 43000

closing WIP = 13000

40% hence

13000*40% = 5200

13000*0.4+43000

= 48200

option D) is correct

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