Costs in beginning Work in Process - Direct Materials: $37,200. Costs in beginning Work in Process - Conversion: $79,700. Costs incurred in October - Direct Materials: $646,800. Costs incurred in October - Conversion: $919,300. Calculate the equivalent units of materials.

294,000  units

Explanation:

The computation of the equivalent units of material is shown below:

Particulars                   Physical unitPercentage   Equivalent units

Beginning work in process80,000          40%          32,000

Units started and completed 250,000100%           250,000

Ending work in process  30,000          40%           12,000

Total                                                                     294,000  

In the FIFO method, the beginning work in process should be considered for 40% i.e the remaining percentage i.e come from

= 100% - 60%

= 40%

hi noah!

the first time you break a rule, you get a warning.

if you continue to break rules you get kicked out for a certain amount of time.

so, to answer your question 1.

hope this buddy!

- courtney

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.