14 October, 21:17

# Annenbaum Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 2,400 units. The costs and percentage completion of these units in beginning inventory were: Cost Percent Complete Materials costs \$ 7,700 65% Conversion costs \$ 8,800 45% A total of 10,500 units were started and 7,900 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: Cost Materials costs \$ 127,500 Conversion costs \$ 209,000 The ending inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs. What are the equivalent units for conversion costs for the month in the first processing department? Multiple Choice 1,750 9,650 12,900 7,900

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1. 14 October, 23:12
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9,650 Units

Explanation:

The total unit transfer were 7,900 then we have to add the total units that are in Work in Process, which are + 2.400+10.500-7.900 = 5.000, of that we have an advance of 35% of conversion cost, so we have 1.750 Units, Total Units = 7.900 + 1.750 = 9.650

Conversion

"Units transferred to the next department 7.900

Ending work in process:

Conversion:

Rest Of Units 5.000

Complete to conversion costs End 35% 1.750

Equivalent units of production 9.650