Answer the following questions using the information below:
The Sleepyhead Chair Company manufactures a standard recliner.During February,the firm's Assembly Department started production of 75 000 chairs.During the month,the firm completed 85 000 chairs and transferred them to the Finishing Department.The firm ended the month with 10 000 chairs in ending inventory.All direct materials costs are added at the beginning of the production cycle.Weighted-average costing is used by Sleepyhead.
-What were the equivalent units for materials for February?

Question

Quizplus · Accepted Answer

Since all direct materials costs are added at the beginning of the production cycle, the equivalent units for materials would be the sum of chairs completed (85,000) and the chairs in ending inventory (10,000), totaling 95,000 chairs.

Answer the Following Questions Using the Information Below