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Haberdashery Company has a beginning Work-in-Process Inventory of 26,000 units (30% complete). During the period, 111,000...

Haberdashery Company has a beginning Work-in-Process Inventory of 26,000 units (30% complete). During the period, 111,000 units were started and the ending Work-in-Process Inventory consisted of 21,000 units (90% complete). What are the equivalent units for conversion costs using weighted-average process costing?

116,000.

134,900.

111,000.

127,100.

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Answer #1
Equivalent units for conversion costs = Started and completed + Ending inventory
=(26000+111000-21000)+(0.90*21000)
=116000 +18900
=134900
Correct Option : SECOND
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