Question regarding equivalent units for conversion costs, Accounting Basics

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Question regarding equivalent units for conversion costs

The Molding Department of Bidwell Company has the following production data: beginning work process 40,000 units (60% complete), started into production 680,000 units, completed and transferred out 640,000 units, and ending work in process 80,000 units (50% complete). Assuming 100% of materials are added, equivalent units for conversion costs are:

A) 720,000.

B) 640,000.

C) 760,000.

D) 680,000.

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Accounting Basics: Question regarding equivalent units for conversion costs

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Accounting Basics: Question regarding equivalent units for conversion costs

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