The following information is provided: Units
Work-in-Process Inventory, May 1 (30% complete) 6,000
Started in June 40,000
Work-in-Process Inventory, May 31 (40% complete) 14,000
Materials are added at the beginning of the process.
What would be the equivalent units of production for conversion costs when using the weighted average costing method?
A) 27,600
B) 34,800
C) 35,600
D) 37,600

Question

Quizplus · Accepted Answer

The equivalent units for conversion costs using the weighted average method are calculated as follows: Completed units (40,000 - 14,000) + Ending WIP (14,000 * 40%) = 37,600.

The Following Information Is Provided: Units