In Kagan Company, materials are entered at the beginning of each process.
Work in process inventories, with the percentage of work done on conversion costs, and production data for its Sterilizing Department in selected months during 2011 are as follows.

Instructions
(a) Compute the physical units for January and May.
(b) Compute the equivalent units of production for (1) materials and (2) conversion costs for eachmonth.

Transcribed Image Text:

Beginning Work in Process Ending Work in Process Conversion Cost% Month January March May Ju Units Transferred Out 7,000 12,000 16,000 10,000 Conversion Cost% 60 30 80 40 Units Units 2,000 3,000 5,000 1,500