Question

In: Accounting

Top Snap Products made the following data available:                                  &nbs

Top Snap Products made the following data available:
                                                                 Whole Units         % Conversion Added this month
Beginning WIP Inventory                 900                            70%
Units Started and Completed        1,700                                    100%
Ending WIP Inventory                        600                                      40%

What is the Equivalent Units of Production for Conversion?

Group of answer choices

$2,500

$2,350

$3,210

$2,570

Solutions

Expert Solution

Total Units % completion this month Equivalent units
Beginning WIP Inventory                  900 70%                           630
Complete during the month              1,700 100%                       1,700
Ending WIP Inventory                  600 40%                           240
Total Equivalent units in this month                       2,570

Equivalent Units of Production for Conversion is 2570 units

ekkarill92 answered 1 year ago
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