Question: Percent Completed Materials Conversion Units Work in process, October 1 Work in process, October 31 30,000 15,000 65% 80% 30% 40% The department started 175,000

Percent Completed Materials Conversion Units Work in process, October 1 Work

Percent Completed Materials Conversion Units Work in process, October 1 Work in process, October 31 30,000 15,000 65% 80% 30% 40% The department started 175,000 units into production during the month and transferred 190.000 completed units to the next department. Required: Compute the equivalent units of production for October assuming that the company uses the weighted average method of accounting for units and costs. (2.5 marks)

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