Running Company had the following information for the month of June: Work in process beginning inventory, June 1 2,100 units Units transferred in 16,300 units Work in process ending inventory, June 30 4,100 units 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. The equivalent units for conversion under the weighted average method are calculated to be: Multiple Choice 12,250. 10,100. 14,200. 16,350.
Running Company had the following information for the month of June: Work in process beginning inventory, June 1 2,100 units Units transferred in 16,300 units Work in process ending inventory, June 30 4,100 units 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. The equivalent units for conversion under the weighted average method are calculated to be: Multiple Choice 12,250. 10,100. 14,200. 16,350.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Running Company had the following information for the month of June:
| Work in process beginning inventory, June 1 | 2,100 | units |
|---|---|---|
| Units transferred in | 16,300 | units |
| Work in process ending inventory, June 30 | 4,100 | units |
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.
The equivalent units for conversion under the weighted average method are calculated to be:
Multiple Choice
-
12,250.
-
10,100.
-
14,200.
-
16,350.
-
18,350.
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