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M3-9 (Algo) Calculating Physical Units and Equivalent Units (Weighted-Average Method) [LO 3-2, 3-3] Laser Resources produces and sells laser components and accessories. All materials are
M3-9 (Algo) Calculating Physical Units and Equivalent Units (Weighted-Average Method) [LO 3-2, 3-3] 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 Units transferred out Ending work in process, 45% complete for conversion Required: Physical Units 47,000 63,000 13,000 1. Using the weighted-average method, reconcile the number of physical units. 2. Using the weighted-average method, calculate equivalent units for materials and conversion cost. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the weighted-average method, reconcile the number of physical units. Beginning Inventory Units Started Total Physical Units Units transferred out Ending Inventory 0 Physical Units 0 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the weighted-average method, calculate equivalent units for materials and conversion cost. Units transferred out Ending Inventory Total Equivalent Units Physical Units Direct Materials Conversion 0 < Required 1 0 0 Required 2
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