The following information is available: Units in process, November 1 (60% converted) 2,000 units
Units in process, November 30 (60% converted) 4,000 units
Units started during the month 30,000 units
Materials are added at the beginning of the process.
How many equivalent units for conversion would there be in November using the weighted average method?

Question

Quizplus · Accepted Answer

Weighted average equivalent units for conversion = (Beginning WIP units x % completed in November) + (Units started and completed in November) + (Ending WIP units x % completed in November)= (2,000 units x 60%) + (30,000 units - 4,000 units) + (4,000 units x 60%)= 1,200 units + 26,000 units + 2,400 units= 30,400 units

The Following Information Is Available: Units in Process, November 1