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Activity in Saggers Corporation's Assembly Department for the month of March follows:
The equivalent units for conversion for March, using the weighted-average method, are:
A) 69,600 units
B) 67,800 units
C) 71,000 units
D) 69,000 units
Equivalent Units
A measure used in the costing of products in process, which converts partially completed goods into an equivalent number of fully completed units.
Weighted-average
A mathematical calculation that takes into account the varying degrees of importance of the numbers in a data set, assigning more weight to some numbers than others.
Conversion
The process of changing or converting resources into finished goods or services.
- Determine equivalent units for materials and conversion costs using the weighted-average method.
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Learning Objectives
- Determine equivalent units for materials and conversion costs using the weighted-average method.
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