Higgins Labs Inc. ,uses a process costing system.The following data are available for one department for October: The department started 45,000 units into production during the month and completed and transferred 50,000 units to the next department. Assuming the weighted-average method is used,the equivalent units for conversion for October would be:
A)55,000 units
B)50,000 units
C)53,500 units
D)56,500 units

Question

Higgins Labs Inc. ,uses a process costing system.The following data are available for one department for October:  The department started 45,000 units into production during the month and completed and transferred 50,000 units to the next department. Assuming the weighted-average method is used,the equivalent units for conversion for October would be:
A)55,000 units 
B)50,000 units 
C)53,500 units 
D)56,500 units

Quizplus · Accepted Answer

Weighted-average method equivalent units of production
 11eaa3fe_30db_9929_908b_9118fa9bf66d_TB2461_00