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how do i resolve this problem? Bims Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 3,000 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 63,500 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 23,000 units in the ending work in process inventory of the Assembly Department that were 60% complete with respect to conversion costs. What were the equivalent units for conversion costs in the Assembly Department for the month?

how do i resolve this problem? Bims Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 3,000 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 63,500 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 23,000 units in the ending work in process inventory of the Assembly Department that were 60% complete with respect to conversion costs. What were the equivalent units for conversion costs in the Assembly Department for the month?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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how do i resolve this problem?

Bims Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 3,000 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 63,500 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 23,000 units in the ending work in process inventory of the Assembly Department that were 60% complete with respect to conversion costs.

What were the equivalent units for conversion costs in the Assembly Department for the month?

 

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