Question

The Fremont Company uses the weighted-average method in its process costing system. The company recorded 43,500 equivalent units for conversion costs for November in a particular department. There were 7,400 units in the ending work-in-process inventory on November 30, 80% complete with respect to conversion costs. The November 1 work-in-process inventory consisted of 9,400 units, 50% complete with respect to conversion costs. A total of 39,000 units were completed and transferred out of the department during the month. The number of units started during November in the department was:________

Answer 1

37,000 units

Step-by-step explanation:

Calculation for the number of units started during November in the department

Using this formula

Number of Units started = Units completed and transferred out + Units in ending work-in-process − Units in beginning work-in-process

Let plug in the formula

Number of Units started= 39,000 units+7,400 units − 9,400 units

Number of Units started= 37,000 units

Therefore number of units started during November in the department was 37,000 units