Question: Brody Corp uses a process costing system. Beginning inventory for January consisted of 1,000 units that were 40% completed. 10,000 units were started into the
Brody Corp uses a process costing system. Beginning inventory for January consisted of 1,000 units that were 40% completed. 10,000 units were started into the process during January. On January 31, the inventory consisted of 500 units that were 70% completed. What would be the equivalent units for conversion cost using the weighted average method?
(Please explain how to find the answer)
A. 10,000
B. 11,000
C. 10,850
D. 10,450
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