Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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General Accounting

Chicotti Cocoa Chiles has 3,000 units in beginning work in process, 30%
complete as to conversion costs, 25,000 units transferred out to finished
goods, and 1,000 units in ending work in process 20% complete as to
conversion costs. The beginning and ending inventory is fully complete as to
materials costs.
How much are equivalent units for conversion costs if the weighted average
method is used?
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Transcribed Image Text:Chicotti Cocoa Chiles has 3,000 units in beginning work in process, 30% complete as to conversion costs, 25,000 units transferred out to finished goods, and 1,000 units in ending work in process 20% complete as to conversion costs. The beginning and ending inventory is fully complete as to materials costs. How much are equivalent units for conversion costs if the weighted average method is used?
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