Question

The Nichols Company uses the weighted-average method in its process costing system. The company recorded 29,500 equivalent units for conversion costs for November in a particular department. There were 6,000 units in the ending work in process inventory on November 30, 75% complete with respect to conversion costs. The November 1 work in process inventory consisted of 8,000 units, 50% complete with respect to conversion costs. A total of 25,000 units were completed and transferred out of the department during the month. The number of units started during November in the department was:

Answer 1

Answer:

23,000 units

Explanation:

Beginning WIP inventory + Units started into production = Ending WIP inventory + Units completed and transferred out

Units started into production = Ending WIP inventory + Units completed and transferred out - Beginning WIP inventory

= 6,000 + 25,000 - 8,000 = 23,000