Question:
Nabeth Corporation uses the weighted-average method in its process costing system. Operating data for the Lubricating Department for the month of October appear below:
|
|
|
Percentage
|
|
|
Units
|
complete
|
|
Beginning work in process inventory
|
7,700
|
80%
|
|
Transferred in from the prior department during
|
|
|
|
October\
|
48,800
|
|
|
Completed and transferred to the next department
|
|
|
|
during October
|
55,400
|
|
|
Ending work in process inventory
|
1,100
|
90%
|
What were the equivalent units for conversion costs in the Lubricating Department for October?
A) 56,390
B) 42,200
C) 55,400
D) 49,790