Question

Sweet Company uses a weighted average process costing system and started 30,000 units this month. Sweet had 12,000 units that were 20 percent complete as to conversion costs in beginning Work in Process Inventory and 3,000 units that were 40 percent complete as to conversion costs in ending Work in Process Inventory. What are equivalent units for conversion costs

Answer 1

Equivalent units for conversion = 40,200 units

Step-by-step explanation:

Beginning Work in Process 2400 units (12,000*20%)

Completion of Work in Process 9600 units (12000*80%)

Units started and completed 27000 units (27000*100%)

Ending Work in Process 1200 units (3000*40%)

Equivalent units for conversion 40,200 units