multiple choice question a company transferred 150 units to finished goods and has 215 units in ending work…

multiple choice question a company transferred 150 units to finished goods and has 215 units in ending work in process inventory that are 60% complete. using weighted - average costing, the number of equivalent units is ______ 279 65 150 215 need help? review these concept resources.

multiple choice question a company transferred 150 units to finished goods and has 215 units in ending work in process inventory that are 60% complete. using weighted - average costing, the number of equivalent units is ______ 279 65 150 215 need help? review these concept resources.

Answer

Explanation:

Step1: Calculate equivalent units of ending work - in - process

Equivalent units of ending work - in - process = Units in ending work - in - process×Percentage of completion. Given 215 units in ending work - in - process and 60% complete, so equivalent units of ending work - in - process = $215\times0.6 = 129$.

Step2: Add equivalent units of transferred units

The units transferred to finished goods are 150 units and they are 100% complete. The total equivalent units = Equivalent units of transferred units+Equivalent units of ending work - in - process. So total equivalent units = $150 + 129=279$.

Answer:

279