Question: Gutierrez, which uses a process-costing system, adds all material at the beginning of production and incurs conversion cost evenly throughout manufacturing. The information that follows

Gutierrez, which uses a process-costing system, adds all material at the beginning of production and incurs conversion cost evenly throughout manufacturing. The information that follows relates to the period just ended:

Units started and completed: 117,000

Units in ending work-in-process inventory: 16,100, 70% complete

Which of the following choices correctly expresses the total equivalent units of production with respect to material and conversion cost?

MaterialConversionA.117,000117,000B.128,270128,270C.133,100121,830D.133,100128,270E.133,100133,100

Multiple Choice

Choice A
Choice B
Choice C
Choice D
Choice E

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