Baker Corporation uses the weighted-average method in its process costing system

Question

Baker Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 8,400 units in its beginning work in process inventory that were 90% complete with respect to conversion costs. An additional 91,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department There were 12,000 units in the ending work in process inventory of the Assembly Department that were 90% complete with respect to conversion costs. What were the equivalent units for conversion costs in the Assembly Department for the month? 90,640 98,200 94,600 87,400

Explanation / Answer

Opening WIP = 8400 units

Units completed = (8400+91000)-12000 = 87400

Units introduced this month & completed = 87400 - 8400 = 79000

Equivalnet units for conversion cost = 8400 + 79000 +12000*90%

   = 98200 units

Related Questions

Navigate

• Browse (All)
• Browse B
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.