A Company Uses the Weighted Average Method for Inventory Costing

Multiple Choice

A company uses the weighted average method for inventory costing. During a period, Department B finished and transferred 50,000 units to Department C. Also in Department B during the period, 10,000 units were started but brought only to a stage of being 60% completed. The number of equivalent units produced by Department B during the period was:

A) 50,000 units.
B) 56,000 units.
C) 54,000 units.
D) 60,000 units.
E) 44,000 units.