Question: ABC Corporation uses the weighted-average method in its process costing system. Operating data for the Lubricating Department for the month of October appear below: Units

  1. ABC Corporation uses the weighted-average method in its process costing system. Operating data for the Lubricating Department for the month of October appear below:

Units Percent Complete with Respect to Conversion
Beginning work in process inventory 6,600 60%
Transferred in from the prior department during October 40,100
Completed and transferred to the next department during October 37,100
Ending work in process inventory 9,600 80%

What were the equivalent units for conversion in the Lubricating Department for October?

  1. 43,100
  2. 37,100
  3. 44,780
  4. 47,780

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