ims Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 5,000 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 68,500 units were transferred in from the prior department during the month to begin processing in the Assembly Department. There were 33,000 units in the ending work in process inventory of the Assembly Department that were 60% complete with respect to conversion costs. What were the equivalent units for conversion costs in the Assembly Department for the month

60,300

Explanation:

Calculation to determine the equivalent units for conversion costs in the Assembly Department for the month

Conversion

Units transferred to the next department 40,500

(5,000 + 68,500 - 33,000 )

Add Ending work in process 19,800

Conversion: (33,000 units × 60%)

Equivalent units of production 60,300

(40,500+19,800)

Therefore the equivalent units for conversion costs in the Assembly Department for the month is 60,300

answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;