Question: Equivalent Units Physical Units Direct Conversion (tons) Materials Costs Work in process, beginning 75 Transferred-in during current period 550 To account for 625 Completed and

Equivalent Units

Physical Units

Direct

Conversion

(tons)

Materials

Costs

Work in process, beginning

75

Transferred-in during current period

550

To account for

625

Completed and transferred out during current period:

From beginning work in process

75

0

45

Started and completed

425

425

425

Work in process, ending

125

125

25

Accounted for

625

Equivalent units of work done in current period

550

495

Now summarize the total costs to account for.

Total

Direct

Conversion

Production Costs

Materials

Costs

Work in process, beginning

Costs added in current period

Total costs to account for

 Equivalent Units Physical Units Direct Conversion (tons) Materials Costs Work in

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