The information below was obtained from the records of the first processing department of Moore Company for the month of May. The company uses the weighted-average method in its process costing system. All materials are added at the beginning of the process.
-The equivalent units for materials for the month of May were:
A)60,000 units
B)74,000 units
C)64,000 units
D)69,800 units

Question

The information below was obtained from the records of the first processing department of Moore Company for the month of May. The company uses the weighted-average method in its process costing system.  All materials are added at the beginning of the process.
-The equivalent units for materials for the month of May were:
A)60,000 units 
B)74,000 units 
C)64,000 units 
D)69,800 units

Quizplus · Accepted Answer

The equivalent units for materials are calculated based on the units completed and transferred out plus the equivalent units in ending inventory. The correct choice is based on the given data and calculations for May.

The Information Below Was Obtained from the Records of the First