Units Percent Complete with Respect to Conversion Beginning work-in-process inventory 12,000 60% Started into production during June 80,000 Ending work-in-process inventory 18,000 40 % According to the company's records, the conversion cost in beginning work-in-process inventory was $44,530 at the beginning of June. Additional conversion costs of $832,150 were incurred in the department during the month. How many units are transferred out

Check the explanation

Explanation:

Units transferred out = 12000 + 80000 – 18000 = 74000 units

Equivalent units of conversion = 81200 units

EUP -

Weighted Average Method     Units      % Conversion     EUP - Conversion

Units TRANSFERRED             74,000             100%               74,000

Units of ENDING WIP             18,000             40%                 7,200

Equivalent Units of Production                                              81,200

Cost per equivalent units of conversion = $ 10.80 (or $ 10.79655)

COST per EUP                                                                  Conversion

Cost of Beginning WIP                                                      $44,530.00

Cost incurred during the period                                      $832,150.00

Total Costs                                         Costs                    $876,680.00

Equivalent units of production          EUP                      81,200

Cost per EUP                                                                 $ 10.79655

Kindly check the attached image below to see the answer to the third question.

answer; correct answer is investing activity;