The Assembly Department of Binary, Inc., a manufacturer of computers, had a beginning inventory of 5,000 units. During November, it assembled 2,000 units and transferred them to the Packaging Department. It incurred $250,000 in direct materials and $75,000 in conversion costs. The ending inventory in November was 6,000 units, which were 100% and 60% complete with respect to materials and conversion costs, respectively. Calculate the total equivalent units of production for conversion costs for November. The weighted-average method is used. O A. 5,600 units O B. 2,000 units OC. 8,000 units O D. 3,600 units
The Assembly Department of Binary, Inc., a manufacturer of computers, had a beginning inventory of 5,000 units. During November, it assembled 2,000 units and transferred them to the Packaging Department. It incurred $250,000 in direct materials and $75,000 in conversion costs. The ending inventory in November was 6,000 units, which were 100% and 60% complete with respect to materials and conversion costs, respectively. Calculate the total equivalent units of production for conversion costs for November. The weighted-average method is used. O A. 5,600 units O B. 2,000 units OC. 8,000 units O D. 3,600 units
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:The Assembly Department of Binary, Inc., a manufacturer of computers, had a beginning inventory of 5,000 units. During November, it assembled 2,000 units and transferred them to the Packaging Department. It incurred $250,000 in direct
materials and $75,000 in conversion costs. The ending inventory in November was 6,000 units, which were 100% and 60% complete with respect to materials and conversion costs, respectively. Calculate the total equivalent units of production
for conversion costs for November. The weighted-average method is used.
O A. 5,600 units
O B. 2,000 units
O C. 8,000 units
O D. 3,600 units
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