Conlon Chemicals manufactures paint thinner. Information on the work in process follows:

Beginning inventory, 41,000 partially complete gallons.

Transferred out, 208,100 gallons.

Ending inventory (materials are 21 percent complete; conversion costs are 12 percent complete).

Started this month, 242,700 gallons.

Required:

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

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

Equivalent Units (gallons)

a.

Materials

b.

Conversion costs