A process manufacturer that uses the weighted-average method reports the following.
Beginning work in process inventory
Units completed and transferred out
Ending work in process inventory
Equivalent units of production for conversion are:
Units
33,000
103,000
38,000
Conversion
Percent Complete
90%
50%

Answers

Answer 1

The total similar units of production for conversion are:

[tex]103,000+19,000 = 122,000[/tex]

The equivalent units of production for the units completed and transferred out are simply the number of units completed and transferred out, which is 103,000.

To calculate the equivalent units of production for the ending work in process inventory, we need to multiply the number of units in ending work in process inventory by the percentage of completion for conversion.

The number of units in ending work in process inventory is 38,000, and the percentage of completion for conversion is 50%, so the equivalent units of production for the ending work in process inventory are:

[tex](38,000*50)/100 = 19000[/tex]

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Related Questions

Which of the global PR strategies does the Coca-Cola website use

your discussion with examples from the website.

Answers

Coca- Cola uses a combination of global PR strategies on its website. The company has historically employed the standardization approach.

Presenting a harmonious brand communication and image across all requests. Coca- Cola also adapts its communication to specific original requests following the localisation strategy. On its website, Coca- Cola features elevations, events, and marketing campaigns that appeal to indigenous requests while still adhering to the company's core values. also, Coca- Cola recognises artistic differences, employing across-cultural strategy in its global communication.

By exercising these approaches, Coca- Cola can maintain a consistent brand identity while connecting with different consumers across various requests.

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