1.) Chae Corporation uses the weighted-average method in its process costing system. .

This month, the beginning inventory in the first processing department consisted of 560 units. The costs and percentage completion of these units in beginning inventory were: Cost Percent Complete Materials costs $6,500 65% Conversion costs $5,500 25% A total of 8,700 units were started and 7,800 units were transferred to the second processing department during the month.

The following costs were incurred in the first processing department during the month: Materials costs $136,500 Conversion costs $322,500 The ending inventory was 90% complete with respect to materials and 85% complete with respect to conversion costs.

What are the equivalent units for conversion costs for the month in the first processing department?

A). 9,260 Units B).9,041 Units C). 7,800 Units D). 1,241 Units

How did you get your answer?