The Fremont Company uses the weighted-average method in its process costing system. The company recorded 42,500 equivalent units for conversion costs for November in a particular department. There were 7,300 units in the ending work-in-process inventory on November 30, 75% complete with respect to conversion costs. The November 1 work-in-process inventory consisted of 9,300 units, 50% complete with respect to conversion costs. A total of 38,000 units were completed and transferred out of the department during the month. The number of units started during November in the department was:

Question

Business

Reuben Grant

14 January, 00:56

The Fremont Company uses the weighted-average method in its process costing system. The company recorded 42,500 equivalent units for conversion costs for November in a particular department. There were 7,300 units in the ending work-in-process inventory on November 30, 75% complete with respect to conversion costs. The November 1 work-in-process inventory consisted of 9,300 units, 50% complete with respect to conversion costs. A total of 38,000 units were completed and transferred out of the department during the month. The number of units started during November in the department was:

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Answers (1)

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Destinee Terrell · Answer 1

Satrted 36000

Explanation:

opening units = 9300

Satrted 36000

45300

Transferred 38000

Closing 7300

Here is the quation

Opning units+Started-Transferred = Closing units

Now put the values in equation

9300+Started-38000=7300

Started+28700=7300

Transfer the - 28700 to left of the equation and change the sign in + due to transfer

Started = 7300+28700

Started = 36000