Determine the number of equivalent units of production

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The information below pertains to October production at Zippy Company's bottling plant, which produces and bottles sports drinks.


Units

Materials

Conversion

Work in process, October 1

2000

70% complete

60% complete

Started in October

10,000



To account for

12,000



Completed and transferred out

8,000

100% complete

100% complete

Work in process, October 30

4,000

40% complete

25% complete

Accounted for

12,000



Production Costs $8,250 $22,620.

a. Determine the number of equivalent units of production for materials and conversion during October.

b. Determine the cost per equivalent unit for materials and conversion and the total cost per equivalent unit.

Reference no: EM131184218

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