The following information is provided- Work in process- May 1 (10- com.docx

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This document discusses using the weighted average method to calculate equivalent units of production for a project that was 10% complete on May 1st and 20% complete on May 31st. The weighted average method results in 18,600 equivalent units of production for the project.

The following information is provided:
Work in process, May 1 (10% complete) Started in May
Work in process, May 31 (20% complete)
Materials and conversion are incurred uniformly throughout the process.
Equivalent units of production for conversion using the weighted average method would be
Units 4,000 17,000 3,000 A. 17,400
B. 18,600
C. 21,000
D. 22,000
Solution
The correct answer is:
B. 18,600

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