At the beginning of the recent period, there were 960 units of product in a department, 35% completed. These units were finished and an additional 5,200 units were started and completed during the period. 880 units were still in process at the end of the period, 25% completed. Using the weighted average method, the equivalent units produced by the department were:

Using the weighted average method, the equivalent units produced by the department were:

= 5,500 units.

Explanation:

a) Data and Calculations:

                                         Units    Conversion

Beginning inventory          960         35%

Additional units started 5,200

Units available                6,160

Ending inventory              880

Units completed           5,280

Equivalent units of production:

Units completed          5,280         5,280 (100%)

Ending inventory            880            220 (25%)

Equivalent units of production      5,500