Ask Question
21 May, 18:11

Using the weighted average method, you are provided the following information: Beginning WIP 500 needing 50% yet to complete Units started and completed and moved to the next process - 1000 units Ending WIP of 500 units that are 50% complete. What is your equivalent units of production for the period?

+2
Answers (1)
  1. 21 May, 19:44
    0
    equivalent units for conversion 1,750

    Explanation:

    for processing cost under the weighted average method the equivalent untis arethe complete and trasnferred untis plus the work complete on the ending inventory of work in process:

    beginning WIP 500

    + start and complete 1,000

    total complete and trasnfered-out = 1,500

    Then we work 500 units at 50% thus 250 equivalent untis

    the total equivalent untis is 1,500 + 250 = 1,750
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Using the weighted average method, you are provided the following information: Beginning WIP 500 needing 50% yet to complete Units started ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers