Author Question: Direct Disk Drive Company operates a computer disk manufacturing plant. Direct materials are added ... (Read 85 times)

Diane · **on:** Mar 6, 2021

Direct Disk Drive Company operates a computer disk manufacturing plant. Direct materials are added at the end of the process. The following data were for August 2017:

Work in process, beginning inventory

151,400 units

Transferred-in costs (100% complete)
Direct materials (0% complete)
Conversion costs (80% complete)

Transferred in during current period

451,200 units

Completed and transferred out

401,000 units

Work in process, ending inventory

202,000 units

Transferred-in costs (100% complete)
Direct materials (0% complete)
Conversion costs (55% complete)

Calculate equivalent units for conversion costs using the FIFO method.
◦ 30,280 units
◦ 353,400 units
◦ 299,800 units
◦ 390,580 units

pikon · **Reply #1 on:** Mar 6, 2021

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