Jordon Corporation uses the weighted-average method in its process costing. The

Question

Jordon Corporation uses the weighted-average method in its process costing. The following data pertain to its Materials preparation Department for November:

1. Unit in process, November 1: materials 80%, Conversion 25% complete...............800

2. Units started into production during November...........6,300

3. Units completed and transferred to the next department.............5,100

4. Units in process, November 30: materials 80% complete, Conversion 25% complete........2,000

Determine the equivalent units of production for the Materials Preparation Department for November using the weighted-average method.

Explanation / Answer

Calculation of equivalent Units Particulars Units Eq. Units Material Conversion WIP In the beginning 800 Started in Processing 6300 7100 Completed during the Month 5100 5100 5100 WIP In the end 2000 1600 500 7100 6700 5600

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