Laser Resources produces and sells laser components and accessories. All materials are added at the beginning of the process. It has

compiled the following information regarding its physical units for the month of November:

Beginning work in process, $30\%$ complete for conversion

Units started

Physical Units

Units transferred out

$58,000$

$74,000$

$24,000$

Ending work $in$ process, $45\%$ complete for conversion $74,000$

$24,000$

Required:

Using the weighted$-$average method, reconcile the number of physical units.

Using the weighted$-$average method, calculate equivalent units for materials and conversion cost.

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs beloif.

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Using the weighted$-$average method, reconcile the number of physical units.