4. Eania Company began the month of December with beginning work in process of 4,000 units that are 100% complete as to materials and 30% complete as to conversion costs. Units transferred out are 12,000 units. Ending work in process contains 5,000 units that are 100% complete as to materials and 40% complete as to conversion costs. Instructions Compute the equivalent units of production for materials and conversion costs for the month of December.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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4. Eania Company began the month of December with beginning work in process of 4,000 units that
are 100% complete as to materials and 30% complete as to conversion costs. Units transferred
out are 12,000 units. Ending work in process contains 5,000 units that are 100% complete as to
materials and 40% complete as to conversion costs.
Instructions
Compute the equivalent units of production for materials and conversion costs for the month of
December.
Transcribed Image Text:4. Eania Company began the month of December with beginning work in process of 4,000 units that are 100% complete as to materials and 30% complete as to conversion costs. Units transferred out are 12,000 units. Ending work in process contains 5,000 units that are 100% complete as to materials and 40% complete as to conversion costs. Instructions Compute the equivalent units of production for materials and conversion costs for the month of December.
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