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 |
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