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1 Magic Company adds materials at the beginning of the process in Department A. The following information on physical units for Department A for the
1 Magic Company adds materials at the beginning of the process in Department A. The following information on physical units for Department A for the month of August is available. Work in process, August 1 (58% complete with respect to conversion) Started in August 17,200 ints 121,100 Completed Work in process, August 31 (79% complete with respect to conversion) 121,100 17,200 ook Required: a. Compute the equivalent units for materials costs and for conversion costs using the weighted-average method. b. Compute the equivalent units for materials costs and for conversion costs using the FIFO method. Print Equivalent Units References Conversion Costs Materials a. Using the weighted-average method b. Using the FIFO method
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