In addition, Muscat Cement Factory had the following production data for 3 months: WIP (End) Units % Complete 45% WIP (Beg.) Units Transferred Out Month January February 1,200 2,000 45,000 30,000 20,000 7,000 16,000 30 March 1,500 10,000 65 The equivalent units of production for conversion costs for March is: Select one: О а. 21,500 O b. 31,500 O c. 30,000 O d. None of the answers are correct О е. 26,500

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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In addition, Muscat Cement Factory had the following production data for 3 months:
WIP (End)
Units % Complete
45%
WIP (Beg.)
Units Transferred Out
Month
January
February
1,200
2,000
45,000
30,000
20,000
7,000
16,000
30
March
1,500
10,000
65
The equivalent units of production for conversion costs for March is:
Select one:
О а. 21,500
O b. 31,500
O c. 30,000
O d. None of the answers are correct
О е. 26,500
Transcribed Image Text:In addition, Muscat Cement Factory had the following production data for 3 months: WIP (End) Units % Complete 45% WIP (Beg.) Units Transferred Out Month January February 1,200 2,000 45,000 30,000 20,000 7,000 16,000 30 March 1,500 10,000 65 The equivalent units of production for conversion costs for March is: Select one: О а. 21,500 O b. 31,500 O c. 30,000 O d. None of the answers are correct О е. 26,500
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