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3. BMW Inc. adds materials at the start of the process. The following information is available for the month of December 2012: Work-in-process, 12/1/2012 (35%

3.

  1. BMW Inc. adds materials at the start of the process. The following information is available for the month of December 2012:

Work-in-process, 12/1/2012

(35% complete as to conversion cost)

700

Units started in December

2,000

Work-in-process, 12/31/2012

(30% complete as to conversion cost)

800

What are the equivalent units of production for the month of materials on December 2012 using FIFO?

2. What are the equivalent units of production for the month of conversion cost on December 2012 using Weighted Average?

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