4 Running Company had the following information for the month of June Work in process beginning inventory, June 1 Units transferred in Work in process ending inventory, June 30 Beginning work-in-process inventory is 30 percent complete as to conversion. Ending work-in-process Inventory is 50 percent complete as to conversion. Materials are added at the end of the process. 2,900 18,700 4,900 OC) 16.700 OD 10,150 OE21,150 units units units The equivalent units for materials under the weighted-average method are calculated to be: OA) 14.250 OB) 10.000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Running Company had the following information for the month of June
Work in process beginning inventory, June 1
Units transferred in
Work in process ending inventory, June 30
Beginning work-in-process inventory is 30 percent complete as to conversion. Ending work-in-process Inventory is 50 percent complete as to conversion. Materials are added at the end of the process.
2,900
18,700
4,900
units
units
units
The equivalent units for materials under the weighted-average method are calculated to be:
OA) 14.250
OB) 10,000
OC 16.700
OD 10,150
E21,150
Transcribed Image Text:4 Running Company had the following information for the month of June Work in process beginning inventory, June 1 Units transferred in Work in process ending inventory, June 30 Beginning work-in-process inventory is 30 percent complete as to conversion. Ending work-in-process Inventory is 50 percent complete as to conversion. Materials are added at the end of the process. 2,900 18,700 4,900 units units units The equivalent units for materials under the weighted-average method are calculated to be: OA) 14.250 OB) 10,000 OC 16.700 OD 10,150 E21,150
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