Equivalent Units of Materials Cost The Rolling Department of Kraus Steel Company had 5,200 tons in...

Equivalent Units of Materials Cost

The Rolling Department of Kraus Steel Company had 5,200 tons in beginning work in process inventory (30% complete) on October 1. During October, 86,600 tons were completed. The ending work in process inventory on October 31 was 4,300 tons (40% complete).

What are the total equivalent units for direct materials for October if materials are added at the beginning of the process?
units

Equivalent Units of Conversion Costs

The Rolling Department of Kraus Steel Company had 5,677 tons in beginning work in process inventory (50% complete) on October 1. During October, 81,100 tons were completed. The ending work in process inventory on October 31 was 7,299 tons (90% complete).

What are the total equivalent units for conversion costs? Round to the nearest whole unit.
units

Expert Solution

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ekkarill92 answered 1 year ago

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