The Curing Department of Harmon Company reported the following information for the month of November: Conversion Units 28,000 Percentage Completed Units started Completed and transferred Work in process, 11/1 Work in process, 11/30 27,000 10,000 80% 8,000 30% Labor and Materials Overhead Transferred-In Costs for November: Work in process, 11/1 Added during the month P 65,048 P194,224 P 80,624 P 51,720 P145,880 P234,320 All materials are added at the beginning of the process. Inspection occurs 60 percent of the way through the process. Normal spoilage is 10 percent of the good units completed. (Round to two decimal places.) What are the weighted average equivalent units for conversion?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
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Chapter1: Financial Statements And Business Decisions
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The Curing Department of Harmon Company reported the following information for the month of November:
Conversion
Units
28,000
Percentage Completed
Units started
Completed and transferred
Work in process, 11/1
Work in process, 11/30
27,000
10,000
80%
8,000
30%
Labor and
Materials
Overhead
Transferred-In
Costs for November:
Work in process, 11/1
Added during the month
P 51,720
P 65,048
P 80,624
P145,880
P194,224
P234,320
All materials are added at the beginning of the process. Inspection occurs 60 percent of the way through
the process. Normal spoilage is 10 percent of the good units completed. (Round to two decimal places.)
What are the weighted average equivalent units for conversion?
Transcribed Image Text:The Curing Department of Harmon Company reported the following information for the month of November: Conversion Units 28,000 Percentage Completed Units started Completed and transferred Work in process, 11/1 Work in process, 11/30 27,000 10,000 80% 8,000 30% Labor and Materials Overhead Transferred-In Costs for November: Work in process, 11/1 Added during the month P 51,720 P 65,048 P 80,624 P145,880 P194,224 P234,320 All materials are added at the beginning of the process. Inspection occurs 60 percent of the way through the process. Normal spoilage is 10 percent of the good units completed. (Round to two decimal places.) What are the weighted average equivalent units for conversion?
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