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Conlon Chemicals manufactures paint thinner. Information on the work in process follows: Beginning inventory, 43,800 partially complete gallons. Transferred out, 213,600 gallons. Ending inventory (materials

Conlon Chemicals manufactures paint thinner. Information on the work in process follows: Beginning inventory, 43,800 partially complete gallons. Transferred out, 213,600 gallons. Ending inventory (materials are 22 percent complete; conversion costs are 9 percent complete). Started this month, 243,100 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.

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Conlon Chemicals manufactures paint thinner. Information on the work in process follows: Beginning inventory, 43,800 partially complete gallons. Transferred out, 213,600 gallons. Ending inventory (materials are 22 percent complete; conversion costs are 9 percent complete). Started this month, 243,100 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. a. . Materials Conversion costs b

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