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What are the equivalent units of production for labor

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Wally company has a process cost system. All materials are introduced at the beginning of the process in department one. The following information is available for the month of january 2013.

Work in process, 1/1/2013 (40% complete as to conversion costs 1,000
Started in january 4,000
Transferred to department two during january 4,200
work -in-process, 1/31/2013 (25% as to conversion costs 800

Problem 1: What are the equivalent units of production for labor and factory overhead under average method for the month of january 2013?

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What are the equivalent units of production for labor

Reference no: EM132715535

Reference no: EM132715535

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