Macey Company uses a weighted-average process costing system. Beginning inventory consists of 6,000 units, 40% complete. Units
started are 14,000, completed are 10,000, and ending inventories are 9,000 units, 70% complete. Normal spoilage is 5% of the units
inspected. Direct material is added at the 75% point and spoilage inspection occurs at the 80% point. The cost per equivalent unit for
materials was $1.00 and $3.00 for conversion costs.
Assume actual spoilage was 500 units and ending work in process was 9,500 units. The equivalent units of conversion costs would be
? 17,130
? 17,150
? 17,050
? 17,200