Fabert Corp – Equivalent Units for Conversion Costs
Fabert Corp uses the weighted-average method in its process
costing system. The Assembly Department started the month with 16,000 units in
its beginning work in process inventory that were 40% completed with respect to
conversion costs. An additional 60,000 units were transferred in from the prior
department during the month to begin processing in the Assembly Department.
During the month 65,000 units were completed in the Assembly Department and
transferred to the next processing department. There were 11,000 units in the
ending work in process inventory of the Assembly Department that were 50%
complete with respect to conversation costs. What were the equivalent units for
conversion costs in the Assembly Department for the month?





