Question: 4. A Corporation has a process costing system and uses the weighted-average method. The company had 3,000 units in work in process on February 1
4. A Corporation has a process costing system and uses the weighted-average method. The company had 3,000 units in work in process on February 1 that were 60% complete with respect to conversion costs. During the month, 10,000 units were completed. At the end of the month, 4,000 units remained in work in process that were 40% complete with respect to conversion costs. Materials are added at the beginning of the process. The equivalent units for February for conversion costs were: A) 9,800 B) 11,200 C) 12,800 D) 11,600 5. A Corporation uses the weighted-average method in its process costing. The following data pertain to its Materials Preparation Department for November. 400 6,800 Units in process, November 1: materials 75% complete, conversion 60% complete Units started into production during November Units completed and transferred to the next department Units in process, November 30: materials 55% complete, conversion 10% complete 6,300 900 4. A Corporation has a process costing system and uses the weighted average method. The company had 3,000 units in work in process on February 1 that were 60% complete with respect to conversion costs. During the month, 10,000 units were completed. At the end of the month, 4,000 units remained in work in process that were 40% complete with respect to conversion costs. Materials are added at the beginning of the process. The equivalent units for February for conversion costs were: A) 9,800 B) 11,200 C) 12,800 D) 11,600 5. A Corporation uses the weighted average method in its process costing. The following data pertain to its Materials Preparation Department for November. Units in process, November 1: materials 75% complete, conversion 60% complete Units started into production during November Units completed and transferred to the next department Units in process, November 30: materials 55% complete, conversion 10% complete 400 6,800 6,300 900 Required: Determine the equivalent units of production for the Materials Preparation Department for November using the weighted average method
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