T. 10.00 points Missouri Corporation shows the following information concerning

Question

T. 10.00 points Missouri Corporation shows the following information concerning the work in process at its plant Begining inventory was partially complete (materials are 100 percent complete, conversion costs are 58 percent complete Started this month, 60,800 units Transferred out, 50,200 units . Ending inventory, 20,000 units (materials are 100 percent complete; conversion costs are 15 percent complete) Required: (a) Compute the equivalent units for materials using the weighted-average method. (b] Compute the equivalent units for conversion costs using the weighted-average method Type here to search ?? 4 6 8 9

Explanation / Answer

Equivalent unit = Units transferred out+(ending work in process*percent completion)

Equivalent unit of material = 50200+(20000*100%) = 70200 units

Equivalent unit of conversion = 50200+(20000*15%) = 53200 units

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