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Goforth Company produces a product where all manufacturing inputs are applied uniformly. Goforth produced the following physical flow schedule for April: Units to account
Goforth Company produces a product where all manufacturing inputs are applied uniformly. Goforth produced the following physical flow schedule for April: Units to account for: Units in BWIP (40% complete) Units started Total units to account for Units accounted for: 270,000 660,000 930,000 Units completed: From BWIP 270,000 Started and completed i 448,800 718,800 Units, EWIP (80% complete) Total units accounted for 211,200 930,000 Required: Prepare a schedule of equivalent units using the weighted average method. Units completed Goforth Company Schedule of equivalent units (Weighted Average Method) Units in ending work in process x fraction completer Equivalent units of output x
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