Question

Blending Process Units of Product Percent of Conversion Beginning work in process 194,000 85 % Goods started 420,000 100 Goods completed 450,000 100 Ending work in process 164,000 35 Compute the total equivalent units of production for conversion using the weighted-average method.

Answer 1

Answer:

The equivalent units using weighted-average method  is 507,400 units as found in the attached

Explanation:

Firstly,process costing requires that uncompleted units be translated to completed units at the end of the period by multiplying percentage of completion with quantity.

The ending balance of work-in-process inventory is 35% completed,which means that 65% more work is required in order to turn it to finished goods.

Besides,some items are disposed during processes if found out that it is preferable to sell in its present condition than undertaking the final processing .