Information about units processed and processing costs incurred during a recent month in the Refining Department of a manufacturing company follow: The beginning work in process inventory included $11,000 of conversion cost. During the month, the Department incurred an additional $290,000 in conversion costs. Assuming that the company uses the weighted-average cost method, what are the equivalent units for conversion costs for the Blending Department for the month?
A)119,100
B)120,000
C)114,000
D)131,000

Question

Information about units processed and processing costs incurred during a recent month in the Refining Department of a manufacturing company follow:  The beginning work in process inventory included $11,000 of conversion cost. During the month, the Department incurred an additional $290,000 in conversion costs. Assuming that the company uses the weighted-average cost method, what are the equivalent units for conversion costs for the Blending Department for the month?
A)119,100 
B)120,000 
C)114,000 
D)131,000

Quizplus · Accepted Answer

The Answer of Information about units processed and processing costs incurred during a recent month in the Refining Department of a manufacturing company follow:  The beginning work in process inventory included $11,000 of conversion cost. During the month, the Department incurred an additional $290,000 in conversion costs. Assuming that the company uses the weighted-average cost method, what are the equivalent units for conversion costs for the Blending Department for the month?
A)119,100 
B)120,000 
C)114,000 
D)131,000

Information About Units Processed and Processing Costs Incurred During a Recent