Figure 6-17 Quinn Corporation produces a product that passes through two processes.During October, the first department transferred 20,000 units to the second department.The cost of the units transferred was $60,000.Materials are added uniformly in the second process.The following information is provided about the second department's operations during October:

-Refer to Figure 6-17.The equivalent units for conversion using weighted average is

Question

Figure 6-17 Quinn Corporation produces a product that passes through two processes.During October, the first department transferred 20,000 units to the second department.The cost of the units transferred was $60,000.Materials are added uniformly in the second process.The following information is provided about the second department's operations during October:
 
-Refer to Figure 6-17.The equivalent units for conversion using weighted average is

Quizplus · Accepted Answer

To calculate the equivalent units for conversion using weighted average, we need to consider both the units received from the first department and the units started and completed in the second department during October.

Units started and completed during October = 15,000
Units transferred from the first department = 20,000
Total equivalent units of conversion = Units started and completed + (Units in ending WIP * % completion)
Total units in ending WIP = 5,000
% completion of ending WIP = 60%
Equivalent units for conversion using weighted average = 15,000 + (5,000 * 60%) = 15,000 + 3,000 = 18,000

Therefore, the correct answer is option D, which indicates the equivalent units for conversion using weighted average are 24,000 units.

Figure 6-17 Quinn Corporation Produces a Product That Passes Through