Homework Answers
| For the weighted average costing system, the total goods transferred out will be considered | |||
| at 100% status. We will not differentiate the opening stock and goods transferred out from | |||
| the current production cycle. | |||
| Units transferred out | 8,600 | ||
| Closing stock | 4,000 | ||
| Total worked units | 12,600 | ||
| Less opening stock | (6,000) | ||
| Units started in the current period | 6,600 | ||
| Units | Completion status | Equivalent units | |
| Stock transferred out including opening | 8,600 | 100% | 8,600 |
| Closing stock | 4,000 | 85% | 3,400 |
| Total | 12,000 | ||
| Hence option B is correct. | |||
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