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Find what equivalent units of production for conversion cost

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Reference no: EM132561271

RMG Corporation has the following information for the current month:

Units started 175,000 units

Beginning Work in Process: (65% to be done) 35,000 units

Total spoilage 14,875 units

Spoilage within tolerance level 6,125 units

Ending Work in Process: (20% incomplete) 25,375 units

Transferred out ? units

Beginning Work in Process Costs: Material P46,250

Conversion 60,675

Current Costs: Material P170,625

Conversion 265,335

All materials are added at the start of the production process. RMG Corporation inspects goods at 100 percent completion as to conversion. Using the method that does not commingle the beginning and current period production activity

Required:

(Use five decimal places to compute for unit cost)

Question a. What are equivalent units of production for conversion cost?

Reference no: EM132561271

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