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Author Question: The following information is provided by Wilson Company:WIP inventory, January 10 unitsUnits ... (Read 52 times)

ishan

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The following information is provided by Wilson Company:

WIP inventory, January 10 units
Units started50,000 units
Units completed and transferred out  37,500 units
WIP inventory, December 31  3,000 units
Direct materials $52,000
Direct labour $35,000
Manufacturing overhead $54,000

The units in ending WIP inventory were 65% complete for materials and 45% complete for conversion costs. All manufacturing costs are added during the process.

Required
A. What are the total equivalent units for direct materials?
B. At the end of the year, what are the equivalent units for conversion costs?


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Marked as best answer by ishan on Jan 5, 2020

Kingjoffery

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ishan

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Reply 2 on: Jan 5, 2020
Excellent


nathang24

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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