Sir,
Test Question 8 & 9, It says,
"conversion costs are incurred evenly through the process.''
can we take units equally?? Please help,
Ask the Tutor ACCA MA
ProcEss costing – Work-in-ProgrEss
All it means is that if (for example) a unit is only 40% finished, then it will have had 40% of the conversion costs.
(Unlike materials where they units incur 100% of the cost as soon as they are started.)
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