Soapsy Company manufactures generic greeting cards.Material is introduced at the beginning of the process in the Printing department.Conversion costs are applied uniformly throughout the process.The weighted-average method of product costing is used.Data for the Printing department for the month of September follow: $\begin{array}{lr}\text { Work-in-process inventory, September } 1\\
\text { Units } & 22,500 \text { units } \
\text { Direct materials } 100 \% \text { complete) } & \$ 51,000 \
\text { Conversion costs 30\% complete) } & \$ 20,472\\\text { Units started in September } & 127,500 \text { units } \
\text { Units completed in September } & 125,000 \text { units } \
\text { Work-in-process inventory, September 30 } & 27,000 \text { units }\100 \% \text { complete with regard to materials }\\text { and } 60 \% \text { complete with regard to conversion costs) }\\\text { Direct materials added in September }&\$427,500\\text { Conversion costs added in September }&\$315,000
\end{array}$ The equivalent units for conversion costs are _____.

Question

Quizplus · Accepted Answer

The equivalent units for conversion costs are calculated by adding the units completed and transferred out to the equivalent units in ending work-in-process inventory. For conversion costs, this is 125,000 units completed + (27,000 units in ending WIP * 60% complete) = 125,000 + 16,200 = 141,200 equivalent units. However, the closest option is 136,500, which may indicate a rounding or calculation discrepancy in the provided options.

Soapsy Company Manufactures Generic Greeting Cards The Equivalent Units for Conversion Costs Are _____