The fabricating department has the following production and cost data for the current month.
|
Beginning |
Units |
Ending |
|
Work in Process |
Transferred Out |
Work in Process |
|
–0– |
15,000 |
10,000 |
Compute the equivalent units of production for (a) materials and (b) conversion costs.
|
Units transferred out |
15,000 |
|
Equivalent unit in ending WIP (10,000 x 30%) |
3,000 |
|
|
18,000 |