A company uses the weighted average method for inventory costing. During a period, Department B finished and
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A company uses the weighted average method for inventory costing. During a period, Department B finished and transferred 55,000 units to Department C. Also in Department B during the period, 12,500 units were started but brought only to a stage of being 60% completed. The number of equivalent units produced by Department B during the period was:
a) 60,000 units.
b) 55,000 units.
c) 62,500 units.
d) 67,500 units.
e) 47,500 units.
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