Tater Company produces tater tots that it packages in one pound bags and sells to vendors around the region. Management is compiling its cost information after August, its second month of operation. July ended with 8,600 packages in inventory that are 35% complete overall. They have started 116,800 packages and completed 84,338 units during the month. Their ending Work-in-Progress (WIP) packages are 79% complete overall for August. What are the equivalent units of production if Tater uses the Weighted-Average method? (Round answer to the nearest unit.) O 116,777 units O 119,787 units O 92,938 units O 125,376 units

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Chapter1: Financial Statements And Business Decisions
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Tater Company produces tater tots that it packages in one pound bags and sells to vendors
around the region. Management is compiling its cost information after August, its second
month of operation. July ended with 8,600 packages in inventory that are 35% complete
overall. They have started 116,800 packages and completed 84,338 units during the month.
Their ending Work-in-Progress (WIP) packages are 79% complete overall for August. What are
the equivalent units of production if Tater uses the Weighted-Average method? (Round answer
to the nearest unit.)
O 116,777 units
O 119,787 units
O92,938 units
O 125,376 units
Transcribed Image Text:Tater Company produces tater tots that it packages in one pound bags and sells to vendors around the region. Management is compiling its cost information after August, its second month of operation. July ended with 8,600 packages in inventory that are 35% complete overall. They have started 116,800 packages and completed 84,338 units during the month. Their ending Work-in-Progress (WIP) packages are 79% complete overall for August. What are the equivalent units of production if Tater uses the Weighted-Average method? (Round answer to the nearest unit.) O 116,777 units O 119,787 units O92,938 units O 125,376 units
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