Calculate the equivalent units for materials costs

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Reference no: EM131809978

The following information relates to , Inc. for the month of November:

Beg. work in process. Nov. 1 800 units at a cost of $5.010

Direct materials, 100% complete

Conversion costs, 70% complete

Units started in Nov., 14,000 Nov.

Costs charged to WIP:

Direct materials costs. $57, 400

Direct labor costs, $20, 049

Factory overhead costs, $30, 073

Ending WIP: Nov. 30 1, 500 unit's

Direct materials. 100% complete

Conversion costs, 30% complete

Using the FIFO method, calculate the equivalent units for materials and conversation costs.

Reference no: EM131809978

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