Exercise 16-4 (Algo) Weighted average: Computing equivalent units LO P1 ider each of the following three separate

The first production department in a process manufacturing system reports the following unit data. Beginning work in pncess inventory Units started and completed Units completed and transferred out Ending work in process inventory 24, 57 , 82, 16, units units units units Exercise 164 (Algo) Weighted average: Computing equivalent units LO P1 Prepare the production department's equivalent units of production for direct materials under each of the following three separate assumptions using the weighted average method for process costing. quivalent Units of Production Avera e Meth 1. All direct materials are added to products when processing begins. Units Total Direct Materials Percent EUP 2. Beginning inventory is 30% complete as to direct materials costs. Ending inventory is 70% complete as to direct materials costs. Units Total 'rect aterla s Percent EUP om le 3. Beginning inventory is 70% complete as to direct materials costs. Ending inventory is 20% complete as to direct materials costs. Units Total Direct Materials Percent EUP