Madison Corporation's production cycle starts in the Processing Department. The following information is available for April: Work-in-process, April 1 (25% complete) Total units in process during April Work-in-process, April 30 (60% complete) Units 46,000 286,000 28,000 Materials are added at the beginning of the process in the Processing Department. What are the equivalent units of production for the month of April, assuming Madison uses the weighted average method? Materials 245, 100 260,400 286,000 321,900 Conversion Costs 264,500 239,200 274,800 290, 100 D. |