The Molding Department of Bonita Company has the following production data: beginning work in process inventory 26000 units (70% complete as to conversion), started into production 473000 units, completed and transferred out 449000 units, and ending work in process inventory 50000 units (30% complete as to conversion). Assuming that conversion costs are incurred uniformly during the process, the equivalent units of production for conversion costs are 464000. 449000. O458000. O 499000.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The Molding Department of Bonita Company has the following production data: beginning work in process inventory 26000 units
(70% complete as to conversion), started into production 473000 units, completed and transferred out 449000 units, and ending
work in process inventory 50000 units (30% complete as to conversion). Assuming that conversion costs are incurred uniformly
during the process, the equivalent units of production for conversion costs are
464000.
449000.
458000.
499000.
Transcribed Image Text:The Molding Department of Bonita Company has the following production data: beginning work in process inventory 26000 units (70% complete as to conversion), started into production 473000 units, completed and transferred out 449000 units, and ending work in process inventory 50000 units (30% complete as to conversion). Assuming that conversion costs are incurred uniformly during the process, the equivalent units of production for conversion costs are 464000. 449000. 458000. 499000.
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