Figure 6-15 The Dodd Company uses a weighted average process costing system.The following information was reported for the Assembly Process for July.Materials are added at the beginning of the process and are 100%.

-Refer to Figure 6-15.What are the equivalent units for conversion?

Question

Figure 6-15 The Dodd Company uses a weighted average process costing system.The following information was reported for the Assembly Process for July.Materials are added at the beginning of the process and are 100%.
 
-Refer to Figure 6-15.What are the equivalent units for conversion?

Quizplus · Accepted Answer

The equivalent units for conversion are the units that have been completed in the current period. In this case, the equivalent units for conversion are 133,000.

Figure 6-15 the Dodd Company Uses a Weighted Average Process