Question: Davies Manufacturing uses the weighted average method in its operations and shows the following information for its first processing department: Percent Complete Units Materials Conversion
Davies Manufacturing uses the weighted average method in its operations and shows the following information for its first processing department:
|
|
| Percent Complete | |
|
| Units | Materials | Conversion |
| Work in process, beginning | 300 | 85% | 40% |
| Started into production | 9,100 |
|
|
| Completed and transferred out | 8,700 |
|
|
| Work in process, ending | 700 | 80% | 20% |
|
|
| Materials | Conversion |
| Work in process, beginning |
| $ 7,545 | $ 4,900 |
| Cost added during August |
| $ 240,300 | $242,400 |
What are the equivalent units of production for Conversion Costs?
| A. | 8,720 | |
| B. | 8,840 | |
| C. | 8,700 | |
| D. | 9,400 |
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