Question

4. Narver Corporation uses the weighted-average method in its process costing system. Operating data for the Lubricating Department for the month of October appear below:

$PROD_13252700286415599.png$

What were the equivalent units for conversion costs in the Lubricating Department for October?

___________________________________________________________________________________

5. Baker Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 8,000 units in its beginning work in process inventory that were 90% complete with respect to conversion costs. An additional 95,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 11,000 units in the ending work in process inventory of the Assembly Department that were 90% complete with respect to conversion costs.
What were the equivalent units for conversion costs in the Assembly Department for the month?

Answer 1

Answers

• Answer #4
  

EUP - Weighted Average Method	Units	% Conversion	EUP - Conversion
Units TRANSFERRED	37,100	100%	37,100
Units of ENDING WIP	9,600	80%	7,680
Equivalent Units of Production			44,780 = ANSWER

• Answer #5

EUP - Weighted Average Method	Units	% Conversion	EUP - Conversion
Units TRANSFERRED	92,000	100%	92,000
Units of ENDING WIP	11,000	90%	9,900
Equivalent Units of Production			101,900 = ANSWER