Equivalent Units of Conversion Costs The Rolling Department of Jabari Steel C

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Equivalent Units of Conversion Costs
The Rolling Department of Jabari Steel Company had 7,568 tons in beginning work in process inventory (70% complete) on October 1. During October,
68,800 tons were completed. The ending work in process inventory on October 31 was 3,440 tons (10% complete).
What are the total equivalent units for conversion costs? Round to the nearest whole unit.
units
?
Transcribed Image Text:Equivalent Units of Conversion Costs The Rolling Department of Jabari Steel Company had 7,568 tons in beginning work in process inventory (70% complete) on October 1. During October, 68,800 tons were completed. The ending work in process inventory on October 31 was 3,440 tons (10% complete). What are the total equivalent units for conversion costs? Round to the nearest whole unit. units ?
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