Chapman Corporation The following information is available for Chapman Corporation for the current month:
All materials are added at the start of production and the inspection point is at the end of the process.
Refer to Chapman Corporation. What are equivalent units of production for material using weighted average?

Question

Chapman Corporation The following information is available for Chapman Corporation for the current month:
 All materials are added at the start of production and the inspection point is at the end of the process.
Refer to Chapman Corporation. What are equivalent units of production for material using weighted average?

Quizplus · Accepted Answer

To calculate the equivalent units of production for material using weighted average, we add together the units completed during the current period and the equivalent units in ending work in process inventory. For material, the calculation is:

Units completed: 85,000
Ending work in process inventory: 2,500 units x 70% = 1,750 equivalent units
Equivalent units of production: 85,000 + 1,750 = 87,500

Therefore, the best choice is B) 87,500 as it is the correct calculation for equivalent units of production for material using weighted average.

Chapman Corporation the Following Information Is Available for Chapman Corporation