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.Missouri Corporation shows the following information concerning the work in process at its plant: Beginning inventory was partially complete (materials are 100 percent complete; conversion

.Missouri Corporation shows the following information concerning the work in process at its plant:

Beginning inventory was partially complete (materials are 100 percent complete; conversion costs are 62 percent complete).

Started this month, 59,500 units.
Transferred out, 50,900 units.

Ending inventory, 19,300 units (materials are 100 percent complete; conversion costs are 15 percent complete).

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

Missouri Corporation shows the following information concerning the work in process at its plant:

Beginning inventory was partially complete (materials are 100 percent complete; conversion costs are 59 percent complete).

Started this month, 59,600 units.
Transferred out, 50,000 units.
Ending inventory, 19,700 units (materials are 100 percent complete; conversion costs are 17 percent complete).
Required:
(a) Compute the equivalent units for materials using FIFO.
(b)

Compute the equivalent units for conversion costs using FIFO.

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