A department had 600 units which were 40% complete in beginning Goods in Process Inventory. During the current period, 7,000 units were transferred out. Ending Goods in Process Inventory was 800 units which were 40% complete. Using the Weighted Average method, what are the equivalent units produced if all direct material and direct labor are added uniformly throughout the process?

Question

Quizplus · Accepted Answer

Equivalent units produced = Units transferred out + (Ending inventory units * % completion) = 7,000 + (800 * 0.4) = 7,320.

A Department Had 600 Units Which Were 40% Complete in Beginning