ims Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 3,000 nits in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 63,500 units were ransferred 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. Vhat were the equivalent units for conversion costs in the Assembly Department for the month?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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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?
Multiple Choice
43,500
57,300
83,500
6 of 10
Next >
< Prev
ENG
US
Transcribed Image Text:DƏAPS Help Save & Exit Submit 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? Multiple Choice 43,500 57,300 83,500 6 of 10 Next > < Prev ENG US
Multiple Choice
43,500
57,300
83,500
55,200
6 of 10
Next >
< Prev
Transcribed Image Text:Multiple Choice 43,500 57,300 83,500 55,200 6 of 10 Next > < Prev
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