Question

g A company's beginning Work in Process inventory consisted of 26,000 units that were 80% complete with respect to direct labor. A total of 96,000 were finished during the period and 31,000 remaining in Work in Process inventory were 50% complete with respect to direct labor at the end of the period. Using the weighted-average method, the equivalent units of production with regard to direct labor were: Group of answer choices 132,300 82,000. 63,500. 96,000. 111,500.

Answer 1

Option e (111,500) is the correct answer.

Step-by-step explanation:

The given values are:

The finished units during the period

= 96,000

Remaining units

= 31,000

Now,

The ending work in process will be:

=
`31000* 50 \ percent`

=
`31000* 0.5`

=
`15500`

Hence,

Equivalent units for direct labor will be:

=
`Finished \ units+Ending \ work \ in \ process`

=
`96000+15500`

=
`111,500`