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Equivalent Units Calculations - FIFO Method Equivalent Units Calculations-Weighted Average Method Ferris Corporation makes a powdered rug shampoo in 2 sequential departments, compunding and drying.
Equivalent Units Calculations - FIFO Method
Equivalent Units Calculations-Weighted Average Method Ferris Corporation makes a powdered rug shampoo in 2 sequential departments, compunding and drying. Materials are added at the beginning of the process jn thr compunding department. conversion costs are added evenly throughout each process. ferris uses the weighted average method of process costing. in the compounding department, beginnibg work in process was 6000 pounds (70% processed), 38000 pounds were started in process, 36000 pounds transferred out, and endibg work in process was 60% processed. calculate equivalent units for march 2019 for the compounding department Step by Step Solution
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