Final answer:
The weighted average equivalent units of production for materials for the month is calculated by adding the equivalent units for the beginning inventory, units completed, and the equivalent units for the ending inventory. The correct answer is 56,600 units, which was not listed among the options provided.
Step-by-step explanation:
The student is asking about the calculation of the weighted average equivalent units of production for materials for the month. To solve this, we have to account for the number of units completed and transferred out, as well as the equivalent units in the beginning and ending inventory based on their percentage completion with respect to materials.
- Begin with the 3,000 units in beginning inventory, which were 35 percent complete. This equates to 3,000 units * 35% = 1,050 equivalent units.
- Next, add the 55,000 units that were completed during the month. These are fully completed with respect to materials, so they contribute 55,000 equivalent units.
- Lastly, consider the ending inventory of 5,500 units, which were 10 percent complete. This amounts to 5,500 units * 10% = 550 equivalent units.
Now, sum up these equivalent units to find the weighted average equivalent units of production for materials for the month:
1,050 (beginning inventory) + 55,000 (completed) + 550 (ending inventory) = 56,600 units.
Therefore, none of the options provided (a. 55,000 units, b. 55,550 units, c. 57,550 units, d. 56,500 units) match the correct calculation. The correct answer would be 56,600 units, which is not listed in the options provided. There might be a typo in the provided options, or additional information might be needed.