Use the following information for the next 8 questions.
Hendrix, Inc. employs a process costing system. Direct materials are added at the beginning of the process. Here is information about July's activities:
-Using the weighted average method, the number of equivalent units of material was
A) 15,750
B) 14,250
C) 15,000
D) 13,500

Question

Use the following information for the next 8 questions.
Hendrix, Inc. employs a process costing system. Direct materials are added at the beginning of the process. Here is information about July's activities: 
-Using the weighted average method, the number of equivalent units of material was
A) 15,750 
B) 14,250 
C) 15,000 
D) 13,500

Quizplus · Accepted Answer

The weighted average method takes into account the number of units in each stage of production and the percentage of completion at each stage. In this case, the number of equivalent units of material is 15,750.

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