Figure 5-3 $\begin{array}{lr} & \text { Units } \
\text { Work in progress, May } 1 \text { (10\% complete) } & 2,000 \
\text { Started in May } & 17,000 \
\text { Work in progress, May } 31 \text { (20\% complete) } & 3,000
\end{array}$ Materials and conversion are incurred uniformly throughout the progress.
-Refer to Figure 5-3. Equivalent units of production for conversion using the weighted average method would be
A)14,800.
B)16,400.
C)17,800.
D)16,600.

Question

Quizplus · Accepted Answer

The equivalent units for conversion using the weighted average method are calculated as follows: Completed units (16,000) + Ending WIP (3,000 units * 20% complete) = 16,600.

Figure 5-3 Materials and Conversion Are Incurred Uniformly Throughout the Progress