Can someone help with the question below please show the working i got A. 85120,
ID: 2370810 • Letter: C
Question
Can someone help with the question below
please show the working
i got A. 85120, Not sure if its right
thank you
Borwan Company uses the weighted-average method in its process costing system. The Assembly Department started the month with 6,900 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 79,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 3,900 units in the ending work in process inventory of the Assembly Department that were 20% complete with respect to conversion costs. What were the equivalent units for conversion costs in the Assembly Department for the month?
A 85,120
B 82,000
C 85,900
D 82,780
Can someone help with the question below
please show the working
i got A. 85120, Not sure if its right
thank you
Borwan Company uses the weighted-average method in its process costing system. The Assembly Department started the month with 6,900 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 79,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 3,900 units in the ending work in process inventory of the Assembly Department that were 20% complete with respect to conversion costs. What were the equivalent units for conversion costs in the Assembly Department for the month?
A 85,120
B 82,000
C 85,900
D 82,780
Explanation / Answer
Ans : (d)
Units transferred to the next department = Units in beginning work in process + Units started into production - Units in ending work in process
= 6900 + 79000 - 3900
= 82000
Units transferred to the next department = 82000
Ending work in process:
Conversion: 3900units X 20% = 780
Hence, Eqivalent units of production = 82000+780= 82780.
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