A process with 1200 units of beginning work in process, completed and transferred out 24000 units during a period. There were 9000 units in the ending work in process that were 50% complete as to conversion costs. Materials are added 70% at the beginning of the process and 30% when the units are 90% complete. How much is equivalent units of production for the period for material costs? 30300 equivalent units. 27600 equivalent units. 33000 equivalent units. 26700 equivalent units.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A process with 1200 units of beginning work in process, completed and transferred out 24000 units during a period. There were 9000 units in the ending work in process that were 50% complete as to conversion costs. Materials are added 70% at the beginning of the process and 30% when the units are 90% complete. How much is equivalent units of production for the period for material costs?

30300 equivalent units.
27600 equivalent units.
33000 equivalent units.
26700 equivalent units.
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