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PART A) PART B) The following data were taken from the accounting records of the Hazel Corporation, which uses the weighted average method in its
PART A)
PART B)
The following data were taken from the accounting records of the Hazel Corporation, which uses the weighted average method in its process costing system: Percent Complete Materials Conversion 100% 60% 10 Work in process, beginning Started into production Work in process, ending Units 20,000 100,000 30,000 100% 70% Instructions: What were the equivalent units of production? Equivalent Units of Production: Units Materials Conversion Activities in the Challenger Company's Assembly Department for the month of March follow: Percent Complete Materials Conversion 60% 45% Work in process, beginning Started into production Work in process, ending Units 5,000 70,000 8,000 30% 55% Instructions: What were the equivalent units of production? Equivalent Units of Production: Units Materials Conversion
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