The Townson Manufacturing Company has gathered the following information for the month of September: 9,000 units in
Question:
The Townson Manufacturing Company has gathered the following information for the month of September:
9,000 units in the beginning Work-in-Process Inventory (90% complete as to materials, 1/3 complete with respect to the conversion costs).
70,000 units were started into production.
60,000 units were completed and transferred to the next department.
The ending Work-in-Process Inventory is complete as to materials but only 3/8 complete with respect to conversion costs.
What are the equivalent units of production (EUPs) for materials in the month of September assuming Townson uses weighted-average process costing?
Multiple Choice
63,000 EUPs
78,100 EUPs
79,000 EUPs
70,900 EUPs
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws