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brilliants [131]
3 years ago
11

The Josey Company uses the weighted average method. The beginning work in process consists of 6,000 units (100% completed as to

materials and 50% complete as to conversion costs). The number of units completed was 130,000. The ending work in process consists of 10,000 units (100% complete as to materials and 20% complete as to conversion costs). What are the equivalent units of production for conversion costs
Business
1 answer:
zvonat [6]3 years ago
3 0

Answer:

Total equivalent units= 135,000 units

Explanation:

<u>The weighted average method blends the costs and units of the previous period with the costs and units of the current period.</u>

<u></u>

Conversion costs:

Units completed and transferred out= 133,000 units

Ending WIP= 10,000*0.2= 2,000 units

Total equivalent units= 135,000 units

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