A process manufacturer that uses the weighted-average method reports the following. Conversion Units Percent Complete Beginning work in process inventory 20,000 80% Units completed and transferred out 90,000 Ending work in process inventory 25,000 40% Equivalent units of production for conversion are: Multiple Choice 100,000. 116,000. 76,000. 90,000. 46,000.

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29-07-2022
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A process manufacturer that uses the weighted-average method reports the following. Conversion Units Percent Complete Beginning work in process inventory 20,000 80% Units completed and transferred out 90,000 Ending work in process inventory 25,000 40% Equivalent units of production for conversion are: Multiple Choice 100,000. 116,000. 76,000. 90,000. 46,000.

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smecloudbird18 smecloudbird18 · Answer 1 · 2022-08-03T12:39:35+02:00

Units produced and converted are 90,000. A technique known as a weighted average accounts for varied levels of significance of values in a data collection. Each number in the data set is multiplied by a predefined weight before the final computation is completed when calculating a weighted average.

The final average number produced by a weighted average approach is more descriptive than a simple average because it takes into account relative significance of every units. Additionally, it has effect of improving the accuracy and smoothing out the data. It provides more weight to average units that happen substantially more frequently.

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