Question

EB1.

LO 5.3Given the following information, determine the equivalent units of ending work in process for materials and conversion using the weighted-average method:

Beginning inventory of 750 units is 100% complete with regard to materials and 30% complete with regard to conversion.
9,500 units were started during the period.
8,900 units were completed and transferred.
Ending inventory is 100% complete with regard to materials and 68% complete with regard to conversion.

Answer 1

1,350 units; 918 units

Step-by-step explanation:

Ending inventory:

= Beginning inventory + Units started - Units completed and transferred

= 750 + 9,500 - 8,900

= 1,350

Equivalent units of ending work in process for Materials:

= 100% complete × Ending inventory

= 100% × 1,350

= 1,350 units

Equivalent units of ending work in process for Conversion:

= 68% complete × Ending inventory

= 68% × 1,350

= 918 units