Calculate the equivalent units of conversion.

A) 250,000
B) 317,000
C) 294,000
D) 333,000
E) 342,000

Equivalent Units

A concept in cost accounting used to apportion costs to partially completed goods, based on the amount of work that has been put into those goods.

Conversion Costs

Conversion costs are the combined costs of direct labor and manufacturing overhead that are incurred to convert raw materials into finished goods.