The Finishing Department of Flounder Company has the following production and cost data for July: 1....

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The Finishing Department of Flounder Company has the following production and cost data for July: 1. Completed and transferred out, 7,200 units. 2. Ending work in process inventory, 1,800 units that are 40% complete as to conversion costs. 3. Materials added, $27,900; conversion costs incurred, $15,840. Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. Flounder Company uses weighted-average process costing, and there were no units in beginning work in process. (a) Your answer has been saved. See score details after the due date. Compute the equivalent units of production for materials and conversion costs for the month of July. Equivalent units of production for material cost Equivalent units of production for conversion cost units units The Finishing Department of Flounder Company has the following production and cost data for July: 1. Completed and transferred out, 7,200 units. 2. Ending work in process inventory, 1,800 units that are 40% complete as to conversion costs. 3. Materials added, $27,900; conversion costs incurred, $15,840. Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. Flounder Company uses weighted-average process costing, and there were no units in beginning work in process. (a) Your answer has been saved. See score details after the due date. Compute the equivalent units of production for materials and conversion costs for the month of July. Equivalent units of production for material cost Equivalent units of production for conversion cost units units

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Given data Completed and transferred out 7200 units Ending work in process inventory ... View the full answer