3. The following information summarizes the activities in the Sewing Department for the month of October. Beginning inventory Started and completed Ending inventory 8,000 units, 70% complete 68,000 units 16,000 units, 40% complete Material is added at the beginning of the process and conversion costs are incurred evenly throughout the process. Calculate the equivalent units completed with respect to conversion costs during the month of October using the weighted average method. A) 46,400 80,400 C) 82,400 91,200 92,000
3. The following information summarizes the activities in the Sewing Department for the month of October. Beginning inventory Started and completed Ending inventory 8,000 units, 70% complete 68,000 units 16,000 units, 40% complete Material is added at the beginning of the process and conversion costs are incurred evenly throughout the process. Calculate the equivalent units completed with respect to conversion costs during the month of October using the weighted average method. A) 46,400 80,400 C) 82,400 91,200 92,000
Chapter5: Process Costing
Section: Chapter Questions
Problem 4EA: There were 1,700 units in beginning inventory that were 40% complete with regard to conversion....
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