Question - The following information is available:
Units in process, Sept. 1 (60 percent converted) 4,000 units
Units in process, Sept. 30 (30 percent converted) 2,000 units
Units started during the month 15,000 units
Materials are added at the beginning of the process.
How many equivalent units in process for conversion were there in September using the weighted average method?
18,000
15,200
17,600
16,400