The Smelting Department of Wilkins Manufacturing Company has the following production and cost data for November. Production:
Question:
Production: Beginning work in process 2,000 units that are 100% complete as to materials and 20% complete as to conversion costs; units transferred out 8,000 units; and ending work in process 5,000 units that are 100% complete as to materials and 40% complete as to conversion costs.
Compute the equivalent units of production for
(a) Materials
(b) Conversion costs for the month of November.
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Materials Conversion Costs Units trans...View the full answer
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Related Book For 
Managerial Accounting Tools for business decision making
ISBN: 978-0470477144
5th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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