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Flo Company, a manufacturer of fans, uses the weighted-average method in its process costing system. The company sold 150,000 units during the month of June.
Flo Company, a manufacturer of fans, uses the weighted-average method in its process costing system. The company sold 150,000 units during the month of June. There is only one processing department. The following additional information is provided:
Inventory at June 1: | |
Work in process | None |
Finished goods | 37,500 units |
Inventory at June 30: | |
Work in process (75% complete as to conversion costs) | 8,000 units |
Finished goods | 30,000 units |
What were the equivalent units of production for conversion costs for June?
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