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Elite Company uses the weighted-average method in its process costing system. The company had 2,000 units...

Elite Company uses the weighted-average method in its process costing system. The company had 2,000 units in work in process at April 1, that were 60% complete with respect to conversion cost. During April, 15,000 units were completed. At 30 April 5,000 units remained in work in process and they were 40% complete with respect to conversion cost. Direct materials are added at the beginning of the process. How many units were started during April?

Select one:

a. 18000

b. 20000

c. 15000

d. 5000

Solutions

Expert Solution

Option a, 18000

Units to account for
Beginning WIP 2000
Transferred in 18000
Total units to account for 20000
Units accounted for:
Started and completed 15000
Ending WIP 5000
Equivalent units 20000

jeff jeffy answered 3 years ago
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