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what are the equivalent units for conversion costs for the month in the first proces 634493

Esty Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 800 units. The costs and percentage completion of these units in beginning inventory were:

 

 

Percent

 

Cost

Complete

Materials costs

$5,800

50%

Conversion costs

$6,500

30%

A total of 7,700 units were started and 6,600 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:

Materials costs

$85,300

Conversion costs

$168,000

The ending inventory was 70% complete with respect to materials and 10% complete with respect to conversion costs. Note: Your answers may differ from those offered below due to rounding error. In all cases, select the answer that is the closest to the answer you computed. To reduce rounding error, carry out all computations to at least three decimal places. What are the equivalent units for conversion costs for the month in the first processing department?

A) 6,790

B) 8,500

C) 6,600

D) 190

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