The following data were taken from the records of Winner Company for the month of October: Work in process, October 1 Started during October Completed and transferred to next department Abnormal spoilage incurred Work in process, October 31 10,000 units 40,000 units 33,000 units 2,000 units 15,000 units Materials are added after quality control inspection at the end of the process. As to conversion cost, the beginning work in process was 70% complete while the ending work in process is 40% complete. Using the weighted average method, the equivalent units of production for conversion was:

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Using the weighted average method, the equivalent units of production for conversion was:

The following data were taken from the records of Winner Company for the month of October:
Work in process, October 1
Started during October
Completed and transferred to next department 33,000 units
Abnormal spoilage incurred
Work in process, October 31
10,000 units
40,000 units
2,000 units
15,000 units
Materials are added after quality control inspection at the end of the process. As to
conversion cost, the beginning work in process was 70% complete while the ending work in
process is 40% complete.
Using the weighted average method, the equivalent units of production for conversion
was:
Transcribed Image Text:The following data were taken from the records of Winner Company for the month of October: Work in process, October 1 Started during October Completed and transferred to next department 33,000 units Abnormal spoilage incurred Work in process, October 31 10,000 units 40,000 units 2,000 units 15,000 units Materials are added after quality control inspection at the end of the process. As to conversion cost, the beginning work in process was 70% complete while the ending work in process is 40% complete. Using the weighted average method, the equivalent units of production for conversion was:
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