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Madison Corporation's production cycle starts in the Processing Department. The following information is available for April: Units Work-in-process, April 1 (25% complete) 72,000 Total units
Madison Corporation's production cycle starts in the Processing Department. The following information is available for April:
| Units | |
| Work-in-process, April 1 (25% complete) | 72,000 |
| Total units in process during April | 312,000 |
| Work-in-process, April 30 (60% complete) | 41,000 |
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 | Conversion Costs | |
| A. | 267,200 | 284,000 |
| B. | 283,800 | 257,400 |
| C. | 312,000 | 295,600 |
| D. | 351,800 | 312,200 |
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