Compute the equivalent units of production for materials


Response to the following problem:

The Smelting Department of Kiner Company has the following production and cost data for November.

Production: Beginning work in process 3,700 units that are 100% complete as to materials and 20% complete as to conversion costs; units transferred out 9,400 units; and ending work in process 7,800 units that are 100% complete as to materials and 48% complete as to conversion costs.

Compute the equivalent units of production for (a) materials and (b) conversion costs for the month of November.

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Cost Accounting: Compute the equivalent units of production for materials
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