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Question 4 Fenton chemical data in July 20X1: Units Beginning work-in-process (DM90%, CC 40%) 80 Units started during May 500 Units completed and transferred
Question 4 Fenton chemical data in July 20X1: Units Beginning work-in-process (DM90%, CC 40%) 80 Units started during May 500 Units completed and transferred 460 DM costs in beginning WIP $493,360 CC in the beginning WIP $91,040 DM cost added during July CC added during July $3,220,000 $1,392,000 Ending WIP = (DM 60%, CC 30%) Required: 1. Using the weighted-average method, calculate the equivalent units fo DM & CC? 2. Using the FIFO method, calculate the equivalent units fo DM & CC?
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