TB MC Qu. 16-96 (Algo) A process manufacturer that uses...

A process manufacturer that uses the weighted-average method reports the following.

	Conversion
	Units	Percent Complete
Beginning work in process inventory	28,000	80%
Units completed and transferred out	98,000
Ending work in process inventory	33,000	50%

Equivalent units of production for conversion are:

Multiple Choice

• 65,500.

• 114,500.

• 84,000.

• 98,000.

• 136,900