Question - Martinson Company adds direct materials at the beginning of the process, and adds conversion costs throughout the process. The following data represents data in the Finishing Department:
WIP, April 1: 12,000 units
Transferred-In costs in WIP, April 1: $79,940
Direct Materials (100%) in WIP, April 1: $24,420
Conversion Costs (75%) in WIP, April 1: $23,400
Units Transferred-In: 47,000
Transferred-In costs during April: $550,900
Units completed: 42,000
April direct materials cost: $155,000
April conversion costs: $239,250
WIP, April 30: 17,000 units
What are the equivalent units for conversion costs?
A) 49,200
B) 59,000
C) 52,200
D) 54,750