Compute the equivalent units of production for materials

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Question

The Polishing Department of Crane Company has the following production and manufacturing cost data for September. Materials are entered at the beginning of the process.

Production: Beginning inventory 1,500 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 40,000; ending inventory of 5,000 units 10% complete as to conversion costs.

Manufacturing costs: Beginning inventory costs, comprised of $20,100 of materials and $11,110 of conversion costs; materials costs added in Polishing during the month, $166,650; labor and overhead applied in Polishing during the month, $125,700 and $257,240, respectively.

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

Reference no: EM132326521

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