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Patton Dyes manufactures colorings, primarily for textiles. Information on the work in process follows - Beginning inventory, 125,000 partially complete liters. - Ending inventory, 95,000

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Patton Dyes manufactures colorings, primarily for textiles. Information on the work in process follows - Beginning inventory, 125,000 partially complete liters. - Ending inventory, 95,000 liters; units are 25 percent complete with respect to materials and 60 percent complete with respect to conversion costs. - Started this month, 692,000 liters. Required: a. Compute the equivalent units for materials using the weighted-average method. b. Compute the equivalent units for conversion costs using the weighted-overage method

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