In a process with 860 units of beginning Work in Process, the company completed and transferred out 11500 units during a period. There were 5300 units in the ending Work in Process that were 60% complete as to conversion costs. Materials are added 70% at the beginning of the process and 20% when the units are 80% complete. How much is equivalent units of production for the period for material costs if the weighted-average method is used?
14950 equivalent units |
16800 equivalent units |
13800 equivalent units |
15210 equivalent units |
Answer | |||||
The correct option is D : 15210 equivalent units | |||||
Explanation | |||||
Equivalent units of Material as per Weighted Average: | |||||
Units completed and transferred out (11500*100%) | 11,500 | ||||
Equivalent unit for Ending Wip (5300*70%) | 3,710 | ||||
Equivalent units of Material as per Weighted Average: | 15,210 | ||||
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