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The Smelting Department of Mathews Manufacturing Company has the following production and cost data for November.

Production: Beginning work in process 3,910 units that are 100% complete as to materials and 30% complete as to conversion costs; units transferred out 9,340 units; and ending work in process 7,120 units that are 100% complete as to materials and 50% complete as to conversion costs.

Compute the equivalent units of production for (a) materials and (b) conversion costs for the month of November.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9799406

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