Assume the following: WIP, beginning 3,500 units (100% complete as to direct materials, 40% complete as to conversion costs) Started 10,500 units during the period Total spoilage is 600 with normal spoilage is calculated to be 450 units Completed and transferred out during the period 6,000 units WIP, ending 7,400 units (100% complete as to direct materials, 50% complete as to conversion costs) Spoiled units 600 and inspection happens when the process is 20% complete All materials are added at the start of the process Under the weighted average method, what would be the equivalent units of work done for the period for conversion costs? O A. 11,190 B. 6,000 C. 9,820 O D. 7,400

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Assume the following:
WIP, beginning 3,500 units (100% complete as to direct materials, 40% complete as to conversion costs)
Started 10,500 units during the period
Total spoilage is 600 with normal spoilage is calculated to be 450 units
Completed and transferred out during the period 6,000 units
WIP, ending 7,400 units (100% complete as to direct materials, 50% complete as to conversion costs)
Spoiled units 600 and inspection happens when the process is 20% complete
All materials are added at the start of the process
Under the weighted average method, what would be the equivalent units of work done for the period for conversion costs?
O A. 11,190
B. 6,000
C. 9,820
O D. 7,400
Transcribed Image Text:Assume the following: WIP, beginning 3,500 units (100% complete as to direct materials, 40% complete as to conversion costs) Started 10,500 units during the period Total spoilage is 600 with normal spoilage is calculated to be 450 units Completed and transferred out during the period 6,000 units WIP, ending 7,400 units (100% complete as to direct materials, 50% complete as to conversion costs) Spoiled units 600 and inspection happens when the process is 20% complete All materials are added at the start of the process Under the weighted average method, what would be the equivalent units of work done for the period for conversion costs? O A. 11,190 B. 6,000 C. 9,820 O D. 7,400
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