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Find the equivalent units of production for conversion costs

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Reference no: EM132759826

Problem - Jones Corporation uses a first-in, first-out (FIFO) process cost system. Jones has the following unit information for the month of August:

Units

Beginning work in process inventory, 100% complete for materials, 75% complete for conversion costs 10,000

Units completed and transferred out 90,000

Ending work in process inventory, 100% complete for materials, 60% complete for conversion costs 8,000

Required - Find the equivalent units of production for conversion costs for the month of August?

a. 87,300 units.

b. 88,000 units.

c. 92,300 units.

d. 92,700 units.

Reference no: EM132759826

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