Q 16.21:In March, Zeus Inc. had a total of 120,400 equivalent units for materials and 98,200...

Q 16.21:In March, Zeus Inc. had a total of 120,400 equivalent units for materials and 98,200 equivalent units for conversion costs. During the month, the firm completed and transferred out 81,000 units, and the remaining work in process was 80% complete. Also during March, Jupiter Industries had a total of 135,000 equivalent units for materials and 109,500 equivalent units for conversion costs. Over the course of the month, the firm completed and transferred out 86,500 units, and the remaining work in process was 50% complete. Given these figures, Zeus had ________ physical units for conversion costs than Jupiter.

A : 11,300 fewer

B : 7,270 fewer

C : 7,270 more

D : 11,300 more

Expert Solution

Answer 1 -A. 11,300 Fewer

Zeus Inc
	Equivalent Units
Quantities	Material	Conversion
Units accounted for
Transferred out	81,000	81,000
Work in process, March 31	39,400	17,200
Equivalent units accounted for	120,400	98,200

Jupiter
	Equivalent Units
Quantities	Material	Conversion
Units accounted for
Transferred out	86,500	86,500
Work in process, March 31	48,500	23,000
Equivalent units accounted for	135,000	109,500

Difference	(14,600)	(11,300)


Zeus had 11,300 fewer physical units for conversion costs than Jupiter.

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