Question Details The following information is provided: Units Work in process, M

Question

Question Details
The following information is provided:

                                                                                             Units
Work in process, May 1 (10% complete)                           4,000
Started in May                                                                  17,000
Work in process, May 31 (20% complete)                         3,000

Materials and conversion are incurred uniformly throughout the process.

Equivalent units of production for conversion using the weighted average method would be? Please show your work.

Explanation / Answer

Units Completed (4000+17000-3000)             18,000
WIP May   (3,000 x 20%)                                   600
Total Equivalent units of production         18,600

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