Beginning WIP inventory is 12,500 units, 55% complete for materials. During the month 80,000 units were started; 84,000 were finished; and ending WIP was 8,500 units that were 40% complete for materials. How many equivalent units should be used to allocate costs for materials (assume that the weighted average method is used)?

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The Answer of Beginning WIP inventory is 12,500 units, 55% complete for materials. During the month 80,000 units were started; 84,000 were finished; and ending WIP was 8,500 units that were 40% complete for materials. How many equivalent units should be used to allocate costs for materials (assume that the weighted average method is used)?

Beginning WIP Inventory Is 12,500 Units, 55% Complete for Materials