Flitter Corporation uses the weighted-average method in its process costing. The

Question

Flitter Corporation uses the weighted-average method in its process costing. The following data pertain to its Materials Preparation Department for November.                 

                    Units in process, Nov. 1: materials 85% complete, conversion 75% complete 700                 

                    Units started in production during November 5,500                 

                    Units completed and transferred to the next department 4,700                 

                    Units in process, Nov. 30: materials 70% complete, conversion 25% complete 1,500                 

                    Required:                 

                    Determine the equivalent units of production for the Materials Preparation Department for November using the weighted-average method.

Explanation / Answer

Hi,

Please find the answer as follows:

Thanks.

Materials Conversion Units Transferred to Next Department 4700 4700 Ending Work in Process

Materials (1500*70%) 1050 0 Conversion (1500*25%) 0 375 Equivalent Units of Production 5750 5075

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