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The Phoenix Manufacturing has a process cost system. All materials are added when the process is first begun. At the beginning of July, there were no units of product in process. During July 45,000 units were started; 4,500 of these were still in process at the end of July and were 75% finished. What were the equivalent units for the conversion costs in July?

The Phoenix Manufacturing has a process cost system. All materials are added when the process is first begun. At the beginning of July, there were no units of product in process. During July 45,000 units were started; 4,500 of these were still in process at the end of July and were 75% finished. What were the equivalent units for the conversion costs in July?

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The Phoenix Manufacturing has a process cost system. All materials are added when the process is first begun. At the beginning of July, there were no units of product in process. During July 45,000 units were started; 4,500 of these were still in process at the end of July and were 75% finished. What were the equivalent units for the conversion costs in July?
Transcribed Image Text:The Phoenix Manufacturing has a process cost system. All materials are added when the process is first begun. At the beginning of July, there were no units of product in process. During July 45,000 units were started; 4,500 of these were still in process at the end of July and were 75% finished. What were the equivalent units for the conversion costs in July?
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