A process with 800 units of beginning Work in Process.Completed and transferred out were 10,000 units during a period.There were 5,000 units in the ending Work in Process that were 50% complete as to conversion costs.Materials are added 80% at the beginning of the process and 20% when the units are 90% complete.How much is equivalent units of production for the period for material costs if the weighted-average method is used?

Question

Quizplus · Accepted Answer

To calculate equivalent units of production for material costs using the weighted-average method, we need to determine the equivalent units of materials for each stage of completion and add them up.

First, let's calculate the equivalent units of materials for the units completed and transferred out:
10,000 units x 100% completion = 10,000 equivalent units

Next, let's calculate the equivalent units of materials for the ending work in process:
5,000 units x 50% completion x (80% + 20%) = 2,000 + 1,000 = 3,000 equivalent units

To get the total equivalent units of production for material costs, we add the equivalent units for completed and transferred out to the equivalent units for ending work in process:
10,000 + 3,000 = 13,000 equivalent units

Therefore, the best choice is D) 14,000 equivalent units, which is the closest option to 13,000.

A Process with 800 Units of Beginning Work in Process