Beginning WIP Inventory is 15,500 units, 75% complete for materials. During the month 90,000 units were started; 87,000 were finished; and ending WIP was 18,500 units that were 50% complete for materials
How many equivalent units should be used to allocate costs for materials (assume as usual, that the weighted average method is used, not FIFO)?
A) 98,625
B) 96,250
C) 99,250
D) 100,875
B
Explanation: B)
Completed 87,000
End WIP 18,500 × 50% 9,250
Total 96,250
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