29. Box Company uses a process costing system.  It had beginning inventory of 1,600 units which were 30% complete as to materials and 50% complete as to conversion.  There were 4,000 units started this period.  The ending inventory of 2,000 units were 50% complete as to materials and 80% complete as to conversion.  Using the weighted average method, Equivalent Units for conversion would be _____. a. 4,600 b. 4,120 c. 5,200 d. 3,480 e. 4,400

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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29. Box Company uses a process costing system.  It had beginning inventory of 1,600 units which were 30% complete as to materials and 50% complete as to conversion.  There were 4,000 units started this period.  The ending inventory of 2,000 units were 50% complete as to materials and 80% complete as to conversion.  Using the weighted average method, Equivalent Units for conversion would be _____.
a. 4,600
b. 4,120
c. 5,200
d. 3,480
e. 4,400
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