Assuming that there was no beginning work in process inventory,and the ending work in process inventory is 50% complete with respect to conversion costs,the number of equivalent units of production with respect to conversion costs under the weighted-average method would be?
A) the same as the units completed.
B) the same as the units started during the period.
C) less than the units completed.
D) less than the units started during the period.

Question

Quizplus · Accepted Answer

The weighted-average method takes into account the units started during the period as well as the units completed, but also considers the percentage of completion of the ending work in process inventory. Since the ending work in process inventory is only 50% complete, the equivalent units of production with respect to conversion costs will be less than the units started during the period. Therefore, option D is the correct answer.

Assuming That There Was No Beginning Work in Process Inventory,and