Red Company adds materials at the beginning of the process in Department O. The following data pertains to Department O's work in process during March: Units work in process on March 1: ( 60% complete as to conversion cost ) Units started in March 3,000 25,000 20,000 Units completed in March Units work in process on March 31: ( 75% complete as to conversion cost ) 8,000 Under the average costing method, the equivalent units for conversion cost is: a. 21,800 b. 26,000 c. 24,000 d. 25,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Red Company adds materials at the beginning of the process in Department O. The following
data pertains to Department O's work in process during March:
Units work in process on March 1:
( 60% complete as to conversion cost )
3,000
25,000
20,000
Units started in March
Units completed in March
Units work in process on March 31:
( 75% complete as to conversion cost)
8,000
Under the average costing method, the equivalent units for conversion cost is:
а. 21,800
b. 26,000
с. 24,000
d. 25,000
Transcribed Image Text:Red Company adds materials at the beginning of the process in Department O. The following data pertains to Department O's work in process during March: Units work in process on March 1: ( 60% complete as to conversion cost ) 3,000 25,000 20,000 Units started in March Units completed in March Units work in process on March 31: ( 75% complete as to conversion cost) 8,000 Under the average costing method, the equivalent units for conversion cost is: а. 21,800 b. 26,000 с. 24,000 d. 25,000
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