ACC117 Final Exam (FATX | + -/ ezto.mhedu The following data relate to the Blend

Question

ACC117 Final Exam (FATX | + -/ ezto.mhedu The following data relate to the Blending Department of Tru-Color Paint Corporation for a recent month UnitsPercent Complete Conversion Beginning work In process inventory Units started Into productiorn Units completed and transferred out Ending work in process Inventory 9,000 45,000 46,000 8,000 60% 25% All materials are added prior to the beginning of work in the Blending Department Assuming that Tru-Color Paint Corporation uses the weighted-average method, the equivalent units for materials would be O 48,000 46,000 O 54,000 45.000 References Multiple Choice Type here to search

Explanation / Answer

Ans)

Using weighted average method the equivalent units for material will be

=46,000 + (8000*100%) = 54,000

Answer is option 3

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