Problem:
Baker Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 9,600 units in its beginning work in process inventory that were 90% complete with respect to conversion costs. An additional 97,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 15,000 units in the ending work in process inventory of the Assembly Department that were 90% complete with respect to conversion costs.
Required:
Question: What were the equivalent units for conversion costs in the Assembly Department for the month?
- 96,460
- 91,600
- 105,100
- 102,400
Note: Please show how to work it out.