The Filling Department of Ivy Cosmetics Company had 4,300 ounces in beginning work in process inventory (70% complete). During the period, 60,900 ounces were completed. The ending work in process inventory was 3,000 ounces (50% complete). What are the total equivalent units for conversion costs? X units
The Filling Department of Ivy Cosmetics Company had 4,300 ounces in beginning work in process inventory (70% complete). During the period, 60,900 ounces were completed. The ending work in process inventory was 3,000 ounces (50% complete). What are the total equivalent units for conversion costs? X units
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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20.04A: Equivalent Units of Conversion Costs
The Filling Department of Ivy Cosmetics Company had 4,300 ounces in beginning work in process inventory (70% complete). During the period, 60,900 ounces were completed. The ending work in process inventory was 3,000 ounces (50% complete).
What are the total equivalent units for conversion costs?
![**Equivalent Units of Conversion Costs**
The Filling Department of Ivy Cosmetics Company had 4,300 ounces in beginning work in process inventory (70% complete). During the period, 60,900 ounces were completed. The ending work in process inventory was 3,000 ounces (50% complete).
**What are the total equivalent units for conversion costs?**
[Input Box] x units
---
**Feedback**
- **Check My Work**
- Are you determining the equivalent units of materials added or of conversion of materials? When would materials typically be added in the process? When would conversion of these materials take place? Recall the definition of work in process.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9ad52c03-faee-4f7f-8e97-444cab0a9961%2Fb210a854-c380-4792-ae5c-3d635a0ac066%2F5bkp3p_processed.jpeg&w=3840&q=75)
Transcribed Image Text:**Equivalent Units of Conversion Costs**
The Filling Department of Ivy Cosmetics Company had 4,300 ounces in beginning work in process inventory (70% complete). During the period, 60,900 ounces were completed. The ending work in process inventory was 3,000 ounces (50% complete).
**What are the total equivalent units for conversion costs?**
[Input Box] x units
---
**Feedback**
- **Check My Work**
- Are you determining the equivalent units of materials added or of conversion of materials? When would materials typically be added in the process? When would conversion of these materials take place? Recall the definition of work in process.
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