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lean Corporation manufactures liquid window cleaner. The following information concerns its work in process: Beginning inventory, 37,100 partially complete gallons. Transferred out, 214,200 gallons. Ending
lean Corporation manufactures liquid window cleaner. The following information concerns its work in process: |
Beginning inventory, 37,100 partially complete gallons. | |
Transferred out, 214,200 gallons. | |
Ending inventory (materials are 21 percent complete; conversion costs are 10 percent complete). | |
Started this month, 237,400 gallons. |
Required: |
(a) | Compute the equivalent units for materials using the weighted-average method. |
(b) | Compute the equivalent units for conversion costs using the weighted-average method. |
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