ANJOSE had the following production data for the month of July 2021: Work in process, beginning- 2,000 units Started during the period- 90,000 units Spoiled units- 8,000 units Work in Process, ending- 6,000 units Materials are added at the beginning of the process. As to conversion cost, the beginning WIP was 80% incomplete, and the ending Work In process was 70% completed. Spoilage is detected at the end of the process. What is the equivalent of units for July 2021 for conversion cost?
ANJOSE had the following production data for the month of July 2021: Work in process, beginning- 2,000 units Started during the period- 90,000 units Spoiled units- 8,000 units Work in Process, ending- 6,000 units Materials are added at the beginning of the process. As to conversion cost, the beginning WIP was 80% incomplete, and the ending Work In process was 70% completed. Spoilage is detected at the end of the process. What is the equivalent of units for July 2021 for conversion cost?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
SANJOSE had the following production data for the month of July 2021:
Work in process, beginning- 2,000 units
Started during the period- 90,000 units
Spoiled units- 8,000 units
Work in Process, ending- 6,000 units
Materials are added at the beginning of the process. As to conversion cost, the beginning WIP was 80% incomplete, and the ending Work In process was 70% completed. Spoilage is detected at the end of the process. What is the equivalent of units for July 2021 for conversion cost?
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