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A Company Uses a Process Costing System and the Weighted

Question 61

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A company uses a process costing system and the weighted average method for inventory costs. The following information is available regarding conversion activities for the current year:
 Work in Process, January 15,500 units, 80% complete  Work in Process, December 317,800 units, 50% complete \begin{array}{ll}\text { Work in Process, January } 1 & 5,500 \text { units, } 80 \% \text { complete } \\\text { Work in Process, December } 31 & 7,800 \text { units, } 50 \% \text { complete }\end{array}

Units completed and transferred to finished goods 46,900 units
Calculate the equivalent units of production for direct labor for the year.

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