Murray Chemical Company refines a variety of petrochemical products. These data are from the firms Houston plant:

Work-in-process inventory, September 1	4,840,000	gallons
Direct materials	50	% completed
Conversion	20	% completed
Units started in process during September	6,360,000	gallons
Work-in-process inventory, September 30	2,970,000	gallons
Direct materials	40	% completed
Conversion	60	% completed

Required:

1. Compute the equivalent units of direct materials and conversion for the month of September using the weighted-average method.

2. Compute the equivalent units of direct materials and conversion for the month of September using the FIFO method.

1.

Compute the equivalent units of direct materials and conversion for the month of September using the weighted-average method.

	Equivalent Units
Direct materials
Conversion

2.

Compute the equivalent units of direct materials and conversion for the month of September using the FIFO method.

	Equivalent Units
Direct materials
Conversion