Explain the equivalent units for conversion costs


The Molding Department of Kenst Company has the following production data: beginning work in process 40,000 units (60% complete), started into production 680,000 units, completed and transferred out 690,000 units, and ending work in process 70,000 units (40% complete). Assuming conversion costs are incurred uniformly during the process, the equivalent units for conversion costs are?

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Accounting Basics: Explain the equivalent units for conversion costs
Reference No:- TGS0695469

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