FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Bims Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 5,400 units in its
beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 69,500 units were transferred in from the
prior department during the month to begin processing in the Assembly Department. There were 35,000 units in the ending work in process inventory of
the Assembly Department that were 60% complete with respect to conversion costs.
What were the equivalent units for conversion costs in the Assembly Department for the month?
Multiple Choice
99,100
60,900
57,120
39,900
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Transcribed Image Text:Bims Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 5,400 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 69,500 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 35,000 units in the ending work in process inventory of the Assembly Department that were 60% complete with respect to conversion costs. What were the equivalent units for conversion costs in the Assembly Department for the month? Multiple Choice 99,100 60,900 57,120 39,900
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