Van Pelt Company uses the average cost method of the costing process. The production report for the
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Question:
Van Pelt Company uses the average cost method of the costing process. The production report for the Mixing department is as follows:
In process, start of period 1,000 units
800 units - materials 50% complete conversion costs 40% complete
200 units - materials 25% full conversion cost 15% full
Commissioning during the period 5,000 units
Transferred to the packaging department 4,800 units
In process, end of period 1,200 units
700 units - materials 75% complete conversion costs 50% complete
500 units - materials 25% full, conversion cost 25% full
What are the equivalent units for the period?
Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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