A company uses process costing to establish the cost per unit of its output. The following information was available for the last month:
| Input units Don't use plagiarized sources. Get Your Custom Essay on the company uses the weighted average method of valuing stock 610032 Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT! Just from $10/Page | 10 000 |
| Output units | 9850 |
| Opening stock | 300 units, 100% complete for materials and 70% complete for conversion costs |
| Closing stock | 450 units, 100% complete for materials and 30% complete for conversion costs |
The company uses the weighted average method of valuing stock.
What were the equivalent units for conversion costs?
A 9505 units
B 9717 units
C 9775 units
D 9985 units
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