The following information is provided: Materials and conversion are incurred uniformly throughout the process.
Equivalent units of production for conversion using the weighted average method would be
A)17,400
B)18,600
C)21,000
D)22,000

Question

The following information is provided:  Materials and conversion are incurred uniformly throughout the process.
Equivalent units of production for conversion using the weighted average method would be
A)17,400 
B)18,600 
C)21,000 
D)22,000

Quizplus · Accepted Answer

The given code "11eac04c_6ff5_f9e7_a0f2_17e18607722b_TB5268_00" is irrelevant to solving the question.
We are given that materials and conversion are incurred uniformly throughout the process. Therefore, we can use the weighted average method to calculate equivalent units of production for conversion.
Equivalent units of production = Units completed and transferred out + Units in ending work in process inventory (EWP) * Percentage completion of EWP
Units completed and transferred out = 18,000
EWP = 3,000; Percentage completion of EWP = 80% (given in the problem)
Therefore, equivalent units of production for conversion = 18,000 + (3,000*0.8) = 18,600
Hence, the best choice is B.

The Following Information Is Provided: Materials and Conversion Are