Using the weighted-average method, the equivalent units for conversion for March would be:

A) 69,500
B) 68,000
C) 67,500
D) 71,000

Weighted-Average Method

A method of inventory valuation which calculates the cost of goods sold and ending inventory based on the average cost of all units available for sale during the period.

Equivalent Units

A concept in cost accounting used to express the amount of work done on partially finished goods in terms of fully finished units.

Conversion

The process of changing or converting one form, unit, or value to another, applicable in various contexts such as manufacturing, finance, and digital media.