Question
Abis Corporation uses the weighted-average method in its process-costing system. This month, the beginning inventory in the first processing department consisted of 800 units. The costs and percentage completion of these units in beginning inventory were
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Cost
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Percent Complete
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Material costs
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$6,000
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50%
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|
Conversion costs
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$9,900
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30%
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A total of 9,200 units were started, and 8,200 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:
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Cost
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Material costs
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$113,900
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Conversion costs
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$322,500
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The ending inventory was 80% complete with respect to materials and 20% complete with respect to conversion costs
What are the equivalent units for conversion costs for the month in the first processing department?