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14 November, 23:44

The Fremont Company uses the weighted-average method in its process costing system. The company recorded 42,500 equivalent units for conversion costs for November in a particular department. There were 7,300 units in the ending work-in-process inventory on November 30, 75% complete with respect to conversion costs. The November 1 work-in-process inventory consisted of 9,300 units, 50% complete with respect to conversion costs. A total of 38,000 units were completed and transferred out of the department during the month. The number of units started during November in the department was:

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  1. 15 November, 00:04
    0
    Satrted 36000

    Explanation:

    opening units = 9300

    Satrted 36000

    45300

    Transferred 38000

    Closing 7300

    Here is the quation

    Opning units+Started-Transferred = Closing units

    Now put the values in equation

    9300+Started-38000=7300

    Started+28700=7300

    Transfer the - 28700 to left of the equation and change the sign in + due to transfer

    Started = 7300+28700

    Started = 36000
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