Total equivalent units of production

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Browning, which employs a process-costing system, adds all material at the beginning of production and incurs conversion cost evenly during manufacturing. The information which follows relates to the period just ended:

Units started and completed: 60,000

Units in ending work-in-process inventory: 20,000, 80% complete

Which of the following choices correctly expresses the total equivalent units of production with respect to material and conversion cost?

Material Conversion

A. 60,000 60,000

B. 76,000 76,000

C. 80,000 76,000

D. 80,000 64,000

E. 80,000 80,000

Reference no: EM1347231

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