A production department's output for the most recent month consisted of 10,000 units completed and transferred to the next stage of production and 10,000 units in ending Work in Process inventory. The units in ending Work in Process inventory were 50% complete with respect to both direct materials and conversion costs. There were 1,000 units in beginning Work in Process inventory, and they were 70% complete with respect to both direct materials and conversion costs. Calculate the equivalent units of production for the month, assuming the company uses the weighted average method.

Respuesta :

Answer:

15,000 units

Explanation:

Calculation for the equivalent units of production using the weighted average method

Using this formula

Equivalent units of production=

Units completed+Ending work in process inventory

Let plug in the formula

Equivalent units of production=10,000+(10,000×50%)

Equivalent units of production=10,000+5,000

Equivalent units of production=15,000 units

Therefore ​the equivalent units of production will be 15,000 units