Answer:
The equivalent units of production for the month, assuming the company uses the weighted average method would be 21,600 units
Explanation:
In order to calculate the equivalent units of production for the month, assuming the company uses the weighted average method, we would have to calculate first the following:
Units completed and transferred=physical units×%complete
Units completed and transferred=12,000×100%
Units completed and transferred=12,000 units
Ending goods in process=12,000×80%=9,600 units
Therefore, the equivalent units of production for the month= Units completed and transferred+Ending goods in process
equivalent units of production for the month=12,000+9,600
equivalent units of production for the month=21,600 units
