A process with completed and transferred out 28,000 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

35,000 equivalent units

Explanation:

Equivalent Units E. U) are notional whole units which represent incomplete work and are used to apportion costs between between work in progress and completed work.

To compute as

Equivalent Units = Degree of completion (%) * units

Items Units Workings E. U

Completed 28,000 28,000 * 100% 28,000

Closing WIP 14,000 14,000 * 50% 7,000

Total equivalent units 35000

The total equivalents for conversion cost

= 28,000 + 7,000

= 35,000