Mesozoic Company shows the following information concerning the work in process at an assembly plant: 1. Beginning

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Mesozoic Company shows the following information concerning the work in process at an assembly plant:

1. Beginning inventory was partially complete.

2. Transferred out—30,000 units.

3. Ending inventory—10,000 units (materials are 50 percent complete; conversion costs are 30 percent complete).

4. Started this month—35,000 units.

a. Compute the equivalent units for materials using weighted-average.

b. Compute the equivalent units for conversion costs using weighted-average.

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Cost Accounting

ISBN: 9780256257113

4th Edition

Authors: Michael W. Maher, Edward B. Deakin

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