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A production department's output for the most recent month consisted of 9,500 units completed and transferred...

A production department's output for the most recent month consisted of 9,500 units completed and transferred to the next stage of production and 6,500 units in ending Work in Process inventory. The units in ending Work in Process inventory were 50% complete with respect to both direct materials and conversion costs. Calculate the equivalent units of production for the month, assuming the company uses the weighted average method.

Multiple Choice

  • 8,000 units.

  • 11,250 units.

  • 16,000 units.

  • 6,250 units.

  • 12,750 units.

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Answer #1

Answer:

12750 units.

Explanation:

Number of units completed and transfer = 9500

Ending work in process = 6500

Equivalent units = Number of units completed and transfer + Ending work in process inventory x Percentage of completion

= 9500 units + 6500 x 50%

= 9500 units + 3250 Units.

= 12750 units.

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