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Conlon Chemicals manufactures paint thinner. Information on the work in process follows: Beginning inventory, 43,100 partially complete gallons. Transferred out, 209,800 gallons. Ending inventory (materials

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

  • Beginning inventory, 43,100 partially complete gallons.
  • Transferred out, 209,800 gallons.
  • Ending inventory (materials are 21 percent complete; conversion costs are 10 percent complete).
  • Started this month, 239,400 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.
image text in transcribed
Check my work 5 Equivalent Units (gallons) a. 5 points Materials Conversion costs b

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