Assume a company uses the weighted-average method in its process costing system. The following data pertain to its addembly department for the month.

Percent Complete

Units Materials Conversion

Work in process, Sept 1 700 65% 45%

Units started into production during sept. 8,300

Units completed during Sept. and transferred to the next dpt. 7,300

Work in process, Sept. 30th 1,700 90% 40%

a. Concept Definition: Explain why an equivalent unit is used in decision making situations. Enter your final answer in the space below.

b. Concept Application: Calculate the equivalent units of production for materials. You are required to show each dollar amount used in your supporting calculations and each dollar amount must be labeled with the proper title. Enter your final answer in the space below.

c. Concept Application: Calculate the equivalent units of production for conversion costs. You are required to show each dollar amount used in your supporting calculations and each dollar amount must be labeled with the proper title. Enter your final answer in the space below.