What are the equivalent unit production for the month of jan

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Reference no: EM132774401

Suerte Company has a process cost system. All materials are introduced at the beginning of the process in Department 1. The following information is available for the month of January 2020:

Work in process 1/1,2020 (40% completed as to conversion cost) 500

Started in January 2,000

Transferred to Department II during January 2,100

Work In process 1/31/20 (25% conversion cost) 400

Problem 1: What are the equivalent unit production for the month of January , 2020

FIFO AVERAGE

MATERIALS CONVERSION MATERIALS CONVERSION

a. 2,500 2,200 2,000 2,000

b. 2,500 1,900 2,500 1,900

c. 2,000 2,200 2,000 2,200

d. 2,000 2,000 2,500 2,200

Reference no: EM132774401

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