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24 May, 04:11

Vintage Baskets had the following department dа ta:Work in process, physical units, August - 18,000Completed and transferred out physical units - 69,000Work in process, physical units, August - 316,000Materials are added at the beginning of the process. Conversion costs are added evenly throughout the process. The incomplete units are 30% completed as to conversion costs. What is the total number of equivalent units for conversion costs during April using the weighted-average method?

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  1. 24 May, 04:33
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    163,800 units

    Explanation:

    The computation of the total number of equivalent units for conversion costs is shown below:

    = Units completed and transferred out physical units * completion percentage + ending work in process units * completion percentage

    = 69,000 units * 100% + 316,000 units * 30%

    = 69,000 units + 94,800 units

    = 163,800 units
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