Savers Manufacturers Money Boxes

Savers Manufacturers Money Boxes


Savers manufacturers money boxes.  All necessary material is added at the beginning of process 1.

Actual good production is then transferred to department 2 for further processing.The following information relates to department 1 for the month of August.

1 August:  3,000 money boxes in process, 30% complete.

31 August:  1,800 money boxes in process, 25% complete.

Material added was sufficient to commence production on 16,800 units.

Opening Balance of W.I.P.:      Material                           $2,250

Conversion costs                $900

Costs added during August:    Material                          $15,120

Conversion costs            $13,800

Conversion costs are added uniformly throughout the process.


Determine equivalent units of production.

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