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Northern Washington Lumber Company grows, harvests, and processes timber for use as building lumber, The following data pertain to the company's sawmill: Work-in-process inventory, January
Northern Washington Lumber Company grows, harvests, and processes timber for use as building lumber, The following data pertain to the company's sawmill: Work-in-process inventory, January 1 (direct materials: 60, conversion: 40x) Work-in-process inventory, December 31 (direct materials: 7ex, conversion: 6ex) 30,000 units 15,000 units During the year the company started 180,000 units in production Required: 1. Prepare a physical flow schedule. 2. Compute the number of equivalent units of both direct materials and conversion for the year, using the weighted-average method. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a physical flow schedule Quantity Schedule in unita) Input Work-in-process inventory Units started Total units to Sunt for Outout Units completed Work in processory Total units acounted for 180.000 190 000 7 0 Northern Washington Lumber Company grows, harvests, and processes timber for use as building lumber. The following data pertain to the company's sawmill: Work-in-process inventory, January 1 (direct materials: 6ex, conversion: 40%) Work in process inventory, December 31 (direct materials: vex, conversion: 6ex) 30,000 units 15,800 units During the year the company started 180.000 units in production Required: 1 Prepare a physical fiow schedule 2 compute the number of equivalent units of both direct materials and conversion for the year using the weighted average method. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the number of equivalent units of both direct materials and conversion for the year using the weighted-average method. Equivalent Units Direct materials Converse
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