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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