Greenham Corporation uses the weighted-average method in its process costing. The following data pertain to its Materials Preparation Department for November. Units in process, November 1: materials 75% complete, conversion 60% complete400Units started into production during November6,800Units completed and transferred to the next department6,300Units in process, November 30: materials 55% complete, conversion 10% complete900 Required:Determine the equivalent units of production for the Materials Preparation Department for November using the weighted-average method.
What will be an ideal response?
Weighted-average method:
| Materials | Conversion | |
| Transferred to next department | 6,300 | 6,300 |
| Work in process, ending: | ||
| Materials: 900 units × 55% | 495 | |
| Conversion: 900 units × 10% | 90 | |
| Equivalent units of production | 6,795 | 6,390 |
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