Clicks and pops and white noise company mass produce record, Ask an Expert

Accounting

Clicks and Pops and White Noise company mass produce record players in a single production department. Total equivalent units for the period are as follows:

Total Equivalent Units of Direct Materials : 6,600

(Ending inventory is 100% completed with respect to Direct Materials)

Total Equivalent Units of Conversion Costs: 5,700

(Conversion costs are incurred uniformly throughout the production process.)

Physical Units completed and transferred out: 2,000

The End Inventory’s approximate stage of completion with respect to conversion costs is:

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M92009992

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