Maximilian CD Producers Use the Weighted Average Method of Process

Maximilian CD producers use the weighted average method of process costing.The following information was available for the current year:
$\begin{array}{lcc}& \text {Number } & \text {Production } \\&\underline{ \text {of units } } &\underline{\text { costs }}\\ \text { Beginning work-in-process ( \( 30 \% \) complete) } &4000&\$7000\\ \text {Goods completed in the period } &65000&142000\\ \text { Ending work-in-process ( \( 40 \% \) complete) } &7000\\\end{array}$


Required:
A. How many total equivalent units were completed during the year?
B. What was the cost per equivalent urit?
C. What is the cost allocated to the ending work-in-process units?
D. What is cost of goods manufactured for the year?

Correct Answer:

Verified

A. Total equivalent units


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