A process with no beginning work in process, completed and transferred out 35,000 units during a period and had 14,000 units in the ending work in process that were 50% complete. How much is equivalent units of production for the period for conversion costs?

Here there will be 42,000 equivalent units of production fro the period for the conversion costs.

Explanation:

Equivalent units of production can be said to be an expression to show the total work done by a producer (or manufacturer), on the units of output, which are not fully completed (partially completed) at the end of accounting period.

Formula for taking out the equivalent units of production =

Fully completed units + partially completed units

where fully completed units = 35,000 units

partially completed units = 14,000 x 50%

= 7000 units

Therefore equivalent units of production = 35,000 + 7000

= 42,000 units.

equivalent unit of production for period in conversion cost is 42000 EU

Explanation:

Given data

during period P = 35000 units

ending work W = 14000 units

complete C% = 50%

to find out

equivalent units of production

solution

we know that 35000 units work is complete and transferred during period and

50% complete with ending work 14000 units

so that

Equivalence unit production is W x C% + P

= 14000 x 50% + 35000 = 42000

so equivalent unit of production for period in conversion cost is 42000 EU