KQuestion 2 (of 2) value 10.00 points Cleam Corporation manufactures liquid wind

Question

KQuestion 2 (of 2) value 10.00 points Cleam Corporation manufactures liquid window cleaner. The following information concerns its work in process . Beginning inventory, 44,300 partially complete gallons. - Transferred out, 205,800 gallons. Ending inventory (materials are 21 percent complete; conversion costs are 9 percent complete) Started this month, 241,100 gallons Required (a) Compute the equivalent units for materials using the weighted-average method quivalent units (gallons) (b) Compute the equivalent units for conversion costs using the weighted-average method Equivaient wnits (galions

Explanation / Answer

Equivalent unit = Unit transferred out+(ending inventory*percent completion)

a) Equivalent unit of material = 205800+(79600*21%) = 222516 Units

b) Equivalent unit of conversion = 205800+(79600*9%) = 212964 units

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