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Wewaii [24]
3 years ago
6

If materials were added at the beginning of the process, how many equivalent units of production for conversion costs would ther

e be for Wonder Paints using the weighted average costing method?
Business
1 answer:
Xelga [282]3 years ago
4 0

Answer:

C.105,500 units

Explanation:

Equivalent unit of production is the quantity of work done in the manufacturing / production department. It also includes the completed percentage portion of the units in work in process.

Units complete and transferred = Beginning units + Additions - uncompleted units = 10,000 units + 100,0000 units - 15,000 units = 95,000 units

Equivalent Units = Units complete and transferred + ( Closing units x percentage completion )

Equivalent Units = 95,000 + ( 15,000 x 70% )

Equivalent Units = 95,000 + 10,500

Equivalent Units = 105,500

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