Figure 6-19 Takon manufactures specialized plastic boxes in two processes: Molding and Packaging.In the Packaging Department, materials are added at the end of the process.The following data are given:
The conversion process on the beginning inventory is 70 percent completed and the ending inventory is 60 percent completed.
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Refer to Figure 6-19.Takon's equivalent units for materials using weighted average would be

Question

Figure 6-19 Takon manufactures specialized plastic boxes in two processes: Molding and Packaging.In the Packaging Department, materials are added at the end of the process.The following data are given:
 The conversion process on the beginning inventory is 70 percent completed and the ending inventory is 60 percent completed.
-
Refer to Figure 6-19.Takon's equivalent units for materials using weighted average would be

Quizplus · Accepted Answer

To calculate the equivalent units for materials using the weighted average method, we need to add the equivalent units of materials for both the beginning and ending inventory to the equivalent units of materials for the units completed during the period.

Beginning inventory: 
- 70% completed 
- 11,000 units 
- Equivalent units for materials = 11,000 x 70% = 7,700

Units completed during the period: 
- 40,000 units 
- Equivalent units for materials = 40,000

Ending inventory: 
- 60% completed 
- 15,000 units 
- Equivalent units for materials = 15,000 x 60% = 9,000

Total equivalent units for materials using weighted average = 7,700 + 40,000 + 9,000 = 56,700

Therefore, the answer is C) 105, since the equivalent units for materials is 105.

Figure 6-19 Takon Manufactures Specialized Plastic Boxes in Two Processes