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Biltmore Corporation uses the weighted-average process costing method. During
the month of April the direct material equivalent unit cost was $11 and the
conversion cost equivalent unit was $5. Biltmore completed and transferred
$200,000 of production to the finished goods inventory for the month of April. Use
this information to determine the number of units that were transferred from the
Work in Process. Round answer to closest dollar (do not enter cents).

Respuesta :

The number of units that were transferred from the Work in Process is 12,500

What is the quantity of finished output transferred from work in process to finished goods?

In the first place, each unit of completed output would require direct material which costs $11, and conversion cost(the cost of labor for converting the direct material to finished product).

In essence, each complete unit is worth $11 plus $5 i.e. $16

The total cost of completed and transferred output is the total cost per unit, $16, multiplied by the number of units completed and transferred

cost of completed and transferred output=total cost per unit*units transferred

cost of completed and transferred output=$200,000

total cost per unit=$16

units transferred=unknown(assume it is X)

$200,000=$16*X

X=$200,000/$16

X=12,500(units)

Find further guidance on the weighted average process costing method in the link below:

https://brainly.com/question/16259709

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