Activities in the Sargent Corporation's Assembly Department for the month of March follow: Using the weighted-average method, the equivalent units for materials for March would be:

Question

Activities in the Sargent Corporation's Assembly Department for the month of March follow:  Using the weighted-average method, the equivalent units for materials for March would be:

Quizplus · Accepted Answer

The weighted-average method considers the units started and completed in the current period and the equivalent units of work in process (WIP) at the end of the period.

Materials:
- Units started in March: 75,000 
- Units completed and transferred out: 63,000 
- WIP units at the end of March: 9,500 
- Equivalent units of materials = Units completed and transferred out + (WIP units x % of completion)
- 63,000 + (9,500 x 80%) = 70,250

Activities in the Sargent Corporation's Assembly Department for the Month