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 labor and overhead for the month of May were:
A)60,000 units
B)69,800 units
C)65,800 units
D)73,800 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 labor and overhead for the month of May were:
A)60,000 units 
B)69,800 units 
C)65,800 units 
D)73,800 units

Quizplus · Accepted Answer

The equivalent units for labor and overhead for the month of May were 69,800 units. This is because the units were 100% complete with respect to labor and overhead.

The Information Below Was Obtained from the Records of the First