Question

fatas Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 8,000 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. An additional 95,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. During the month 102,000 units were completed in the Assembly Department and transferred to the next processing department. There were 1,000 units in the ending work in process inventory of the Assembly Department that were 20% complete with respect to conversion costs. What were the equivalent units for conversion costs in the Assembly Department for the month

Answer 1

102,200 units

Step-by-step explanation:

Equivalent units for conversion costs

Note that the weighted-average method in its process costing system is being used

Units Completed and transferred ( 102,000 x 100%) 102,000

Ending Work in Process (1,000 x 20%) 200

Equivalent Units of Production 102,200

Conclusion

The equivalent units for conversion costs in the Assembly Department for the month is 102,200.