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    Fatas Corporation Equivalent units for conversion

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    Question 16:

    Fatas Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 8,500 units in its beginning work in process inventory that were 25% complete with respect to conversion costs. An additional 96,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. During the month 101,700 units were completed in the Assembly Department and transferred to the next processing department. There were 2,800 units in the ending work in process inventory of the Assembly Department that were 22% complete with respect to conversion costs.

    What were the equivalent units for conversion costs in the Assembly Department for the month?

    102,316

    104,716

    106,316

    101,716

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    Solution Preview

    Fatas Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 8,500 units in its beginning work in process inventory that were 25% complete with respect to conversion costs. An additional 96,000 units were ...

    Solution Summary

    This solution is comprised of a detailed explanation to answer what were the equivalent units for conversion costs in the Assembly Department for the month.

    $2.19

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