Beginning inventory for the month contained 3,000 units that were 60% complete with respect to materials. During the month, 50,000 units were completed and transferred out. Ending inventory contained 5,000 units that were 30% complete with respect to materials. What would be the weighted average equivalent units of production for materials for the month?
A) 51,500
B) 50,300
C) 50,000
D) 49,500

Question

Quizplus · Accepted Answer

The weighted average equivalent units of production for materials is calculated by adding the units completed and transferred out (50,000) to the equivalent units in ending inventory (5,000 units * 30% = 1,500). Therefore, 50,000 + 1,500 = 51,500.

Beginning Inventory for the Month Contained 3,000 Units That Were