Stoltenberg Co. had the following information for the month of June: $\begin{array}{lr}
\text { Work in process beginning inventory, June } 1 & 2,000 \text { units } \
\text { Units transferred in } & 16,000 \text { units } \
\text { Work in process ending inventory, June } 30 & 4,000 \text { units }
\end{array}$Beginning work-in-process inventory is 30 percent complete as to conversion. Ending work-in-process inventory is 50 percent complete as to conversion. Materials are added at the end of the process.
The equivalent units for materials under the weighted-average method are calculated to be:
A) 12,000.
B) 10,000.
C) 14,000.
D) 16,000.
E) 18,000.

Question

Stoltenberg Co. had the following information for the month of June:  $\begin{array}{lr}
\text { Work in process beginning inventory, June } 1 & 2,000 \text { units } \
\text { Units transferred in } & 16,000 \text { units } \
\text { Work in process ending inventory, June } 30 & 4,000 \text { units }
\end{array}$Beginning work-in-process inventory is 30 percent complete as to conversion. Ending work-in-process inventory is 50 percent complete as to conversion. Materials are added at the end of the process.
The equivalent units for materials under the weighted-average method are calculated to be:
A) 12,000.
B) 10,000.
C) 14,000.
D) 16,000.
E) 18,000.

Quizplus · Accepted Answer

The Answer of Stoltenberg Co. had the following information for the month of June:  $\begin{array}{lr}
\text { Work in process beginning inventory, June } 1 & 2,000 \text { units } \
\text { Units transferred in } & 16,000 \text { units } \
\text { Work in process ending inventory, June } 30 & 4,000 \text { units }
\end{array}$Beginning work-in-process inventory is 30 percent complete as to conversion. Ending work-in-process inventory is 50 percent complete as to conversion. Materials are added at the end of the process.
The equivalent units for materials under the weighted-average method are calculated to be:
A) 12,000.
B) 10,000.
C) 14,000.
D) 16,000.
E) 18,000.

Stoltenberg Co Beginning Work-In-Process Inventory Is 30 Percent Complete as to Conversion