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Help please! I'm having trouble figuring out the percent complete for the ending work in process. 25%, 60%, and 100% are wrong. Thank you! An
Help please! I'm having trouble figuring out the percent complete for the ending work in process. 25%, 60%, and 100% are wrong. Thank you! An ice cream maker reports the following. Conversion Percent Complete 254 Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Units 320,000 620,000 680,000 260,000 608 Compute the total equivalent units of production for conversion. The company uses the weighted average method. EUP Equivalent units of production: Weighted average method Conversion Units Percent Complete Completed and transferred out 680,000 100% Ending work in process 260,000 Total units 940,000 680,000 An ice cream maker reports the following Conversion Percent Complete 258 Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Units 320,000 620,000 680,000 260,000 604 Compute the total equivalent units of production for conversion. The company uses the weighted average method. Answer is complete but not entirely correct. Equivalent units of production: Weighted average method Conversion Units Percent EUP Complete Completed and transferred out 680,000 100% 680,000 Ending work in process 260,000 60% X 156,000 Total units 940,000 836,000 An ice cream maker reports the following. Conversion Percent Complete 254 Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Units 320,000 620,000 680,000 260,000 608 Compute the total equivalent units of production for conversion. The company uses the weighted average method. EUP Equivalent units of production: Weighted average method Conversion Units Percent Complete Completed and transferred out 680,000 100% Ending work in process 260,000 Total units 940,000 680,000 An ice cream maker reports the following Conversion Percent Complete 258 Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Units 320,000 620,000 680,000 260,000 604 Compute the total equivalent units of production for conversion. The company uses the weighted average method. Answer is complete but not entirely correct. Equivalent units of production: Weighted average method Conversion Units Percent EUP Complete Completed and transferred out 680,000 100% 680,000 Ending work in process 260,000 60% X 156,000 Total units 940,000 836,000
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