A process with no beginning work in process completed and transferred out 35000 units during a period and had 14000 units in the ending work in process that were 50% complete. How much is equivalent units of production for the period for conversion costs?
A) 42000 equivalent units.
B) 49000 equivalent units.
C) 56000 equivalent units.
D) 28000 equivalent units.

Question

Quizplus · Accepted Answer

The equivalent units of production for conversion costs are calculated by adding the units completed and transferred out (35,000 units) to the units in the ending work in process multiplied by their percentage of completion (14,000 units * 50% = 7,000 units). Therefore, 35,000 units + 7,000 units = 42,000 equivalent units.

A Process with No Beginning Work in Process Completed and Transferred