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

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
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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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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
Transcribed Image Text: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
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