On September 1, Delta Company had 29,550 units in process, which were 30% completed. Materials are added at the beginning of the process. During the month, 175,200 units were started and 184,850 completed. Ending work in process was 55% complete.
Calculate the equivalent units of production for materials if weighted average were used.
Ending units = Beginning units + started units - completed units.
Ending units = 29,550 + 175,200 - 184,850
Ending units = 19,900 units.
Ending work in process completed = 55%.
Equivalent units of production = 55% of ending work in process + units completed.
Equivalent units of production = (19,900 x 55%) + 184,850
Equivalent units of production = 10,945 + 184,850
Equivalent units of production = 195,795 units.
Hence, 195,795 is the correct answer.
SUMMARY:
Equivalent units of production under weighted average method is 195,795 units.
Hence, 195,795 is the correct answer.
Get Answers For Free
Most questions answered within 1 hours.