The Filling Department of Eve Cosmetics Company had 6,300 ounces in beginning work in process inventory (20% complete). During the period, 78,600 ounces were completed. The ending work in process inventory was 5,500 ounces (40% complete). What are the total equivalent units for conversion costs?
Equivlent unit of Production for Conversion Cost
Units | % of Completion | Equivlent Unit | |
Opening Work in progress | 6,300 | 20% | 1,260 |
Unit Transferred | 78,600 | 100% | 78,600 |
Ending Work in progress | 5,500 | 40% | 2,200 |
Equivlent unit of Production for Conversion Cost | 80,800 |
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