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The following information is provided by Adametz? Company:
WIP? Inventory, January 1
0 units
Units started
7 comma 4007,400
Units completed and transferred out
2 comma 5002,500
WIP? Inventory, December 31
4 comma 9004,900
Direct materials
?$15,500
Direct labor
?$18,400
Manufacturing Overhead
?$9,000
The units in ending WIP Inventory were
81 %
complete for materials and? 50% complete for conversion costs.
What are the total equivalent units for direct materials and conversion? costs? Please show your? work!
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