The flow of goods in a firm that uses process costing is, work in process at the start 5000 units ½ complete, units started 54 000, units finished 50 000, work in process end of period 9000 units 1/3 complete. Raw materials are issued at the end of the production process. Using the weighted average method, the equivalent units as to conversion cost for the period are:

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To calculate the equivalent units for conversion costs using the weighted average method, we consider the work done on units during the period as a whole. Here's the breakdown:1. **Work in Process at Start:** 5,000 units that were 1/2 complete. This equates to 2,500 equivalent units for conversion costs.2. **Units Finished:** 50,000 units were finished during the period. Since these were completed, they count as 50,000 equivalent units for conversion costs.3. **Work in Process at End:** 9,000 units that were 1/3 complete. This equates to 3,000 equivalent units for conversion costs (9,000 units * 1/3).Adding these together: 2,500 (from the starting WIP) + 50,000 (units finished) + 3,000 (from the ending WIP) = 55,500 equivalent units for conversion costs. However, since this option is not available and there seems to have been a mistake in my calculation:Correcting the calculation:- Start with the units finished: 50,000 units are fully accounted for.- Add the equivalent units for the work in process at the start and the end:  - For the starting WIP, 5,000 units were 1/2 complete, contributing 2,500 equivalent units.  - For the ending WIP, 9,000 units were 1/3 complete, contributing 3,000 equivalent units.The correct calculation should actually focus on the units processed during the period and their state of completion. Given the options and the typical process of calculating equivalent units, there seems to have been an error in the explanation provided. The correct approach to find the equivalent units for conversion costs would involve accurately accounting for the work done on all units during the period, considering both the completion of starting and ending work in process units, alongside the units fully processed during the period. Without the exact breakdown of these figures in the provided options, the calculation provided does not match an available choice accurately. Given the misunderstanding in the explanation, the correct answer should reflect the total equivalent units considering both the work done on starting and ending inventory and the units processed during the period, which typically involves adding the full units completed and the equivalent units for partially completed items. However, without the correct figures leading to one of the provided options, the explanation mistakenly does not support a specific correct answer choice directly.

The Flow of Goods in a Firm That Uses Process