Errors in Equivalent Unit Computation Napco Refining Company processes gasoline On June 1 of the current year, 4,000 units were 3 5 completed in the Blending Department During June, 36,000 units entered the Blending Department from the Refining Department During June, the units in process at the beginning of the month were completed Of the 36,000 units entering the department, all were completed except 5,200 units that were 1 5 completed The equivalent units for conversion costs for June for the Blending Department were computed as follows Equivalent units of production in June To process units in inventory on June 1 4,000 3 5 2,400 To process units started and completed in June 36,000 4,000 32,000 To process units in inventory on June 30 5,200 1 5 1,040 Equivalent units of production 35,440 Enter the correct amounts in the computation of equivalent units for conversion costs for the Blending Department for June To process units in inventory on June 1 To process units started and completed in June To process units in inventory on June 30 Equivalent units of production

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Question: Errors in Equivalent Unit Computation Napco Refining Company processes gasoline. On June 1 of the current year, 4,000 units were 3/5 completed in the Blending

Errors in Equivalent Unit Computation

Napco Refining Company processes gasoline. On June 1 of the current year, 4,000 units were 3/5 completed in the Blending Department. During June, 36,000 units entered the Blending Department from the Refining Department. During June, the units in process at the beginning of the month were completed. Of the 36,000 units entering the department, all were completed except 5,200 units that were 1/5 completed. The equivalent units for conversion costs for June for the Blending Department were computed as follows:

Equivalent units of production in June:
To process units in inventory on June 1: 4,000 3/5	2,400
To process units started and completed in June : 36,000 4,000	32,000
To process units in inventory on June 30: 5,200 1/5	1,040
Equivalent units of production	35,440

Enter the correct amounts in the computation of equivalent units for conversion costs for the Blending Department for June.

To process units in inventory on June 1
To process units started and completed in June
To process units in inventory on June 30
Equivalent units of production

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