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QUESTION 12 Gill Corporation adds raw materials to production at the beginning of the process in...

QUESTION 12

  1. Gill Corporation adds raw materials to production at the beginning of the process in the Assembly Department. Data for this department for March 2017 are as follows:

    Costs

    Units

    Materials

    Conversion

    Work in process, March 1

    25,000

    $ 68,750

    $167,650

    Started during March

    100,000

    300,000

    903,350

    Work in process, March 31

    10,000

    Beginning inventory was 70 percent complete. Ending inventory was 40 percent complete.

    Refer to the data above. How many equivalent units for materials would there be for Gill Corporation in March using the Weighted Average method?

    100,000

    101,500

    115,000

    125,000
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Answer #1

Solution:

Option: 125000 units

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