A production department\'s output for the most recent month consisted of 17,000

Question

A production department's output for the most recent month consisted of 17,000 units completed and transferred to the next stage of production and 17,000 units in ending Work in Process inventory. The units in ending Work in Process inventory were 70% complete with respect to both direct materials and conversion costs. There were 2,400 units in beginning Work in Process inventory, and they were 90% complete with respect to both direct materials and conversion costs. Calculate the equivalent units of production for the month, assuming the company uses the weighted average method. Multiple Choice 29,140 units. 19,160 units. 17.240 units.

Explanation / Answer

Equivalent units of production = 17000+(17000*70%)= 28900 units

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