Refer to M3-4 for information regarding Bedford Company. Using the FIFO method, reconcile the number of physical units and calculate the number of equivalent units.

Data from M3-4

Bedford Company produces carrying cases for CDs. It has compiled the following information for the month of June:

Bedford adds all materials at the beginning of its manufacturing process. During the month, it started 90,000 units.

Using the weighted average method, reconcile the number of physical units and calculate the number of equivalent units.

Transcribed Image Text:

Beginning work in process Ending work in process Physical Units Percent Complete for Conversion 35,000 46,000 55% 70