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Beginning inventory, 12,000 partially complete gallons. Transferred out, 63,000 gallons. Ending inventory (materials are 20 percent complete; conversion costs are 10 percent complete). Started this

Beginning inventory, 12,000 partially complete gallons.
Transferred out, 63,000 gallons.
Ending inventory (materials are 20 percent complete; conversion costs are 10 percent complete).

Started this month, 72,000 gallons.

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

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

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