A process with no beginning Work in Process, completed and transferred out 10,000 units during a period and had 5,000 units in the ending Work in Process that were 50% complete.How much is equivalent units of production for the period for conversion costs if the weighted-average method is used?
A)12,500 equivalent units
B)15,000 equivalent units
C)17,500 equivalent units
D)7,500 equivalent units

Question

Quizplus · Accepted Answer

The equivalent units of production for conversion costs using the weighted-average method is calculated by adding the units completed and transferred out to the equivalent units in ending Work in Process. Here, it's 10,000 units completed and transferred out + (5,000 units * 50% completion) = 10,000 + 2,500 = 12,500 equivalent units.

A Process with No Beginning Work in Process, Completed and Transferred