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Compute the equivalent units of production for materials

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Reference no: EM131796972

Exercise

At Crenshaw Company, materials are entered at the beginning of each process. Work in process inventories, with the percentage of work done on conversion, and production data for its Painting Department in selected months are as follows:

Beginning Work In Process

Ending Work in Process

 

Month

Units

Percentage 
Completed

Units Completed and
Transferred Out

Units

Percentage 
Completed

July

0

-

11,000

1,500

90%

Sept.

2,500

20%

9,000

5,000

70%

Compute the physical units for July.

Compute the equivalent units of production for materials and conversion costs for September.

Reference no: EM131796972

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