Question

A production department's output for the most recent month consisted of 19,000 units completed and transferred...

A production department's output for the most recent month consisted of 19,000 units completed and transferred to the next stage of production and 19,000 units in ending Work in Process inventory. The units in ending Work in Process inventory were 50% complete with respect to both direct materials and conversion costs. There were 2,800 units in beginning Work in Process inventory, and they were 70% complete with respect to both direct materials and conversion costs. Calculate the equivalent units of production for the month, assuming the company uses the weighted average method.

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Answer #1
Number of equivalent units of production for the month = 28500 Units
The same has been calculated as follows:
Total completed units during the month = 19,000 (It includes the opening 2800 units which was incomplete)
Equivalent 19000 Units which is 50% complete in respect of material and overhead = 19000 units * 50% = 9500 Units
Total equivalent units produced during the month = 19000 + 9500 = 28500 Units
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