Equivalent Units of Conversion Costs The Rolling Department of Oak Ridge Steel Company had 3,969 tons in beginning work in process inventory (50% complete) on July 1. During July, 56, 700 tons were completed. The ending work in process inventory on July 31 was 5, 103 tons (50% complete). What are the total equivalent units for conversion costs? Round to the nearest whole unit. fill in the blank 1 units

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 4BE: The Rolling Department of Kraus Steel Company had 200 tons in beginning work in process inventory...
Question
Equivalent Units of Conversion Costs
The Rolling Department of Oak Ridge Steel Company had 3,969 tons in beginning work in
process inventory (50% complete) on July 1. During July, 56, 700 tons were completed. The
ending work in process inventory on July 31 was 5, 103 tons (50% complete).
What are the total equivalent units for conversion costs? Round to the nearest whole unit.
fill in the blank 1
units
Transcribed Image Text:Equivalent Units of Conversion Costs The Rolling Department of Oak Ridge Steel Company had 3,969 tons in beginning work in process inventory (50% complete) on July 1. During July, 56, 700 tons were completed. The ending work in process inventory on July 31 was 5, 103 tons (50% complete). What are the total equivalent units for conversion costs? Round to the nearest whole unit. fill in the blank 1 units
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