The following information summarizes the activities in the Sewing Department for the month of October.
Assume that the company uses the weighted average method and that during October, the equivalent units completed with respect to materials is 92,000, and the equivalent units completed with respect to conversion costs is 82,400.
How many units were started and completed?

Question

The following information summarizes the activities in the Sewing Department for the month of October.
 Assume that the company uses the weighted average method and that during October, the equivalent units completed with respect to materials is 92,000, and the equivalent units completed with respect to conversion costs is 82,400.
How many units were started and completed?

Quizplus · Accepted Answer

11ee472f_ef01_9f62_a6cd_2fac2873e9ce_TBCB1009_00 The red numbers are given in the problem. The total equivalent units for materials, 92,000 units, will be equal to the total number of units to account for since materials are added at the beginning of the process and 100% of the materials will be complete by the end of the period. Moving to the far left column (Where do the units come from), if the total number of units to account for is 92,000, it is easy to solve for the number of units started: 8,000 + X = 92,000. Thus, X = 84,000 units were started during the period. However, not all of these units were completed. 16,000 units are left over in ending inventory, so the number of units both started and completed would be 68,000 (calculated as 84,000 started - 16,000 Ending Inventory).
 11ee472f_ef01_9f63_a6cd_dd9faacf4ddf_TBCB1009_00

The Following Information Summarizes the Activities in the Sewing Department