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Lucas Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below:
Lucas Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below:
Beginning work in process inventory: | |
---|---|
Units in beginning work in process inventory | 900 |
Materials costs | $ 9,600 |
Conversion costs | $ 7,700 |
Percent complete with respect to materials | 60% |
Percent complete with respect to conversion | 45% |
Units started into production during the month | 8,100 |
Units transferred to the next department during the month | 6,900 |
Materials costs added during the month | $ 115,800 |
Conversion costs added during the month | $ 120,500 |
Ending work in process inventory: | |
Units in ending work in process inventory | 2,100 |
Percent complete with respect to materials | 75% |
Percent complete with respect to conversion | 20% |
What are the equivalent units for materials for the month in the first processing department?
Multiple Choice
9,000
1,575
6,900
8,475
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