Gregory,which uses a process-costing system,adds all material at the beginning of production and incurs conversion cost evenly throughout manufacturing.The information that follows relates to the period just ended:
Units started and completed: 75,000
Units in ending work-in-process inventory: 15,000,60% complete
Which of the following choices correctly expresses the total equivalent units of production with respect to material and conversion cost?
A)Choice A
B)Choice B
C)Choice C
D)Choice D
E)Choice E

Question

Gregory,which uses a process-costing system,adds all material at the beginning of production and incurs conversion cost evenly throughout manufacturing.The information that follows relates to the period just ended:
Units started and completed: 75,000
Units in ending work-in-process inventory: 15,000,60% complete
Which of the following choices correctly expresses the total equivalent units of production with respect to material and conversion cost? 
A)Choice A 
B)Choice B 
C)Choice C 
D)Choice D 
E)Choice E

Quizplus · Accepted Answer

The Answer of Gregory,which uses a process-costing system,adds all material at the beginning of production and incurs conversion cost evenly throughout manufacturing.The information that follows relates to the period just ended:
Units started and completed: 75,000
Units in ending work-in-process inventory: 15,000,60% complete
Which of the following choices correctly expresses the total equivalent units of production with respect to material and conversion cost? 
A)Choice A 
B)Choice B 
C)Choice C 
D)Choice D 
E)Choice E

Gregory,which Uses a Process-Costing System,adds All Material at the Beginning