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
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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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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