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Pierce & Company provides the following information concerning the work in process at its plant: Beginning inventory was partially complete (materials are 100 percent complete;
Pierce & Company provides the following information concerning the work in process at its plant:
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Beginning inventory was partially complete (materials are 100 percent complete; conversion costs are 40 percent complete).
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Started this month, 252,000 units.
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Transferred out, 210,000 units.
- Ending inventory, 140,000 units (materials are 100 percent complete; conversion costs are 45 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.
equivalent units
a materials ?
b conversion costs ?
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