the following refers to units processed by a breakfast cereal maker in august. compute the total equivalent…

the following refers to units processed by a breakfast cereal maker in august. compute the total equivalent units of production with respect to conversion for august using the weighted - average inventory method. beginning work in process inventory units started this period units completed and transferred out ending work in process inventory units 273,000 509,000 577,200 204,800 conversion percent complete 70% 60% multiple choice 768,300 782,000 577,200 700,080 891,180

the following refers to units processed by a breakfast cereal maker in august. compute the total equivalent units of production with respect to conversion for august using the weighted - average inventory method. beginning work in process inventory units started this period units completed and transferred out ending work in process inventory units 273,000 509,000 577,200 204,800 conversion percent complete 70% 60% multiple choice 768,300 782,000 577,200 700,080 891,180

Answer

Explanation:

Step1: Calculate equivalent - units for units completed and transferred out

The units completed and transferred out are 577,200. Since they are 100% complete with respect to conversion, the equivalent - units for this part is 577,200.

Step2: Calculate equivalent - units for ending work in process

The ending work in process is 204,800 units and 60% complete with respect to conversion. So the equivalent - units for ending work in process is $204800\times0.6 = 122880$.

Step3: Calculate total equivalent - units

Add the equivalent - units of units completed and transferred out and the equivalent - units of ending work in process. So the total equivalent - units is $577200 + 122880=700080$.

Answer:

700,080