Department C is the first stage of Cohen Corporation's production cycle. The following equivalent unit information is available for conversion costs for the month of September: Beginning work-in-process inventory (30% complete)81,000Started in September1,450,000Completed in September and transferred to Department D1,260,000Ending work-in-process inventory (70% complete)271,000 Using the FIFO method, the equivalent units for the conversion cost calculation are:

Equivalent units: An equivalent unit of production is an expression of the amount of work done by a…

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Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 4BE: The Rolling Department of Kraus Steel Company had 200 tons in beginning work in process inventory...

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Department C is the first stage of Cohen Corporation's production cycle. The following equivalent unit information is available for conversion costs for the month of September:


Beginning work-in-process inventory (30% complete)	81,000
Started in September	1,450,000
Completed in September and transferred to Department D	1,260,000
Ending work-in-process inventory (70% complete)	271,000

Using the FIFO method, the equivalent units for the conversion cost calculation are:

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