Question

Assuming that there was no beginning work in process inventory, and the ending work in process inventory is 50% complete with respect to conversion costs, the number of equivalent units of production with respect to conversion costs under the weighted-average method would be

Answer 1

Answer:

D) Less than the units started during the period.

Explanation:

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Equivalent units with respect to conversion costs include : Ending Work In Process units to the extent of 50 % plus the units completed and transferred to the finished goods. The sum of this amount will be less than the units started during the period.