Poirrier Corporation uses process costing. The following data pertain to its Assembly Department for February. Units in process, February 1: materials 75% complete, conversion 30% complete700Units started into production during February5,500Units completed and transferred to the next department4,600Units in process, February 28: materials 85% complete, conversion 65% complete1,600 Required:Determine the equivalent units of production for the Assembly Department for February using the weighted-average method.
What will be an ideal response?
Weighted-average method:
| Materials | Conversion | |
| Transferred to next department | 4,600 | 4,600 |
| Work in process, ending: | ||
| Materials: 1,600 units × 85% | 1,360 | |
| Conversion: 1,600 units × 65% | 1,040 | |
| Equivalent units of production | 5,960 | 5,640 |
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