Narver Company uses the weighted-average method in its process costing system.Operating data for the Lubricating Department for the month of October appear below:

What were the equivalent units of production for conversion costs in the Lubricating Department for October?
A) 43,100 units.
B) 37,100 units.
C) 44,780 units.
D) 47,780 units.

Question

Narver Company uses the weighted-average method in its process costing system.Operating data for the Lubricating Department for the month of October appear below:

What were the equivalent units of production for conversion costs in the Lubricating Department for October?
A) 43,100 units. 
B) 37,100 units. 
C) 44,780 units. 
D) 47,780 units.

Quizplus · Accepted Answer

To calculate the equivalent units for conversion costs, we need to add the units in the ending work in process inventory (in this case, 5,680 units) to the total units completed (in this case, 39,100 units). This gives us a total of 44,780 equivalent units of production for conversion costs (option C).

Narver Company Uses the Weighted-Average Method in Its Process Costing