Question: A company uses the weighted average method for inventory costing. At the beginning of a period the production department had 40,000 units in beginning Work
A company uses the weighted average method for inventory costing. At the beginning of a period the production department had 40,000 units in beginning Work in Process inventory which were 30% complete; the department completed and transferred 165,000 units. At the end of the period, 12,000 units were in the ending Work in Process inventory and are 65% complete. Compute the number of equivalent units produced by the department.
Multiple Choice
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177,000.
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172,800.
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125,000.
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165,000.
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177,500.
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