Figure 6-15
The Davidson Company uses a weighted average process costing system. The following information was reported for the Assembly Process for January. Materials are added at the beginning of the process and are 100%.

-Refer to Figure 6-15. What are the equivalent units for conversion?

Question

Figure 6-15
The Davidson Company uses a weighted average process costing system. The following information was reported for the Assembly Process for January. Materials are added at the beginning of the process and are 100%.
 
-Refer to Figure 6-15. What are the equivalent units for conversion?

Quizplus · Accepted Answer

The equivalent units for conversion are the number of units that would have been completed if all of the units in the beginning work in process inventory and all of the units started during the period had been completed to the same stage of completion as the ending work in process inventory. In this case, the equivalent units for conversion are 133,000.

Figure 6-15 The Davidson Company Uses a Weighted Average Process Costing System