Muscat Cement Factory had the following production data for 3 months: WIP (Beg.) Units Transferred Out 45,000 WIP (End) Units % Complete 7,000 Month January February March 1,200 2,000 1,500 35% 30,000 16,000 10,000 50 20,000 55 The equivalent units of production for comversion costs for January is Select one: O a 47450 O b. 46,200 O c None of the answers are correct O d. 53,200 O e 52,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Muscat Cement Factory had the following production data for 3 months:
WIP (Beg.) Units Transferred Out
45,000
WIP (End)
Units % Complete
7,000
Month
January
February
March
1,200
2,000
1,500
35%
30,000
16,000
10,000
50
20,000
55
The equivalent units of production for comversion costs for January is
Select one:
O a 47450
O b. 46,200
O c None of the answers are correct
O d. 53,200
O e 52,000
Transcribed Image Text:Muscat Cement Factory had the following production data for 3 months: WIP (Beg.) Units Transferred Out 45,000 WIP (End) Units % Complete 7,000 Month January February March 1,200 2,000 1,500 35% 30,000 16,000 10,000 50 20,000 55 The equivalent units of production for comversion costs for January is Select one: O a 47450 O b. 46,200 O c None of the answers are correct O d. 53,200 O e 52,000
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