Mountainside Industries manufactures specialized plastic boxes in two processes: Molding and Packaging. In the Packaging...
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Accounting
Mountainside Industries manufactures specialized plastic boxes in two processes: Molding and Packaging. In the Packaging Department, materials are added at the end of the process. The following data are given:
Costs
Units
Trans.-in
Materials
Conv.
Work in process, July 1
30
$1,590
$ 0
$ 513
Transferred in during July
?
Completed during July
105
Work in process, July 31
15
Costs added during July
$4,410
$1,050
$1,767
The conversion process on the beginning inventory is 70 percent completed and the ending inventory is 60 percent completed.
Mountainside's equivalent units for conversion using FIFO would be
Select one:
a. 114.
b. 105.
c. 93.
d. 9.
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