Question

The Smelting Department of Kiner Company has the following production data for November.Production: Beginning work in process 4,000 units that are 100% complete as to materials and 27% complete as to conversion costs; units transferred out 9,500 units; and ending work in process 7,700 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.

Answer 1

For material 17,200

For conversion 13,350

Step-by-step explanation:

The computation of equivalent units of production for (a) materials and (b) conversion costs are shown below:-

Particulars Whole units Materials Conversion costs

Units transferred out 9,500 9,500 9,500

Ending Work in process 7,700 7,700 3,850

(7,700 × 50%)

Total equivalent units 17,200 17,200 13,350