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 transferred-in units 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 transferred-in units using weighted average would be

Quizplus · Accepted Answer

The weighted average method considers all units transferred in during the period, including those in beginning inventory. Therefore, the total transferred-in units would be the sum of units started and completed plus the ending inventory, which is 120.

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