The following information is available: $\begin{array}{llr}
\text { Unts in process, November 1 ( $ 60 \% $ converted) } &2,000 \text {units}\
\text {Units in process, November 30 ( $ 60 \% $ converted) } &4,000 \text {units}\
\text { Units started during the month} &30,000 \text {units}
\end{array}$
Materials are added at the beginning of the process.
How many equivalent units for conversion would there be in November using the weighted average method?
A)30,400 units
B)32,000 units
C)33,200 units
D)36,000 units

Question

The following information is available: $\begin{array}{llr}
  \text { Unts in process, November 1 ( $ 60 \% $ converted) } &2,000 \text {units}\
 \text {Units in process, November 30 ( $ 60 \% $ converted)  } &4,000 \text {units}\
 \text {  Units started during the month} &30,000 \text {units}
\end{array}$
 Materials are added at the beginning of the process.
How many equivalent units for conversion would there be in November using the weighted average method?
A)30,400 units
B)32,000 units
C)33,200 units
D)36,000 units

Quizplus · Accepted Answer

The weighted average method assigns the equivalent units for conversion based on the percentage of completion of the units in process at the beginning and end of the period, as well as the units started during the period. In this case, the units in process at the beginning of the period were 60% converted, the units in process at the end of the period were 60% converted, and the units started during the period were 100% converted. Therefore, the equivalent units for conversion would be:(2,000 units x 60%) + (4,000 units x 60%) + (30,000 units x 100%) = 30,400 units

The Following Information Is Available Materials Are Added at the Beginning of the Process