Compute equivalent units of production for conversion costs

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Reference no: EM132827543

The Finishing Department of Sark Sark reports the following for January 2020:

Production: All materials are added at the beginning of the process. Beginning work in process 11,000 units, 20% complete. Units started into production 88,000 units. Ending work in process 9,000 units, 40% complete.

Manufacturing Costs: Beginning work in process, $35,100, comprised of $21,100 of materials and $14,000 of conversion costs. Materials added $68,000; labor and overhead added $56,200.

Required:

Problem 1: Compute equivalent units of production for (1) materials and (2) conversion costs.

Reference no: EM132827543

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