Required information

SB (Algo) Calculating Physical Units and Equivalent Units [LO 3-2, 3-3, 3-S1]

[The following information applies to the questions displayed below.]

Oasis Company adds all materials at the beginning of its manufacturing process. Production information for selected months of the year follows:

E3-5 (Algo) Weighted-Average Method [LO 3-2, 3-3]

Required: 1. Reconcile the number of physical units to find the missing amounts. 2. Calculate the number of equivalent units for both materials and conversion for each month using the weighted-average method.

Units Started Beginning Work in Process Conversion Complete Units (percent) 1,300 46 4,300 75 27 2,900 35 Month Units Transferred Out 19,400 Ending Work in Process Conversion Complete Units (percent) 6,600 24 3,800 39 2.400 60 February June September December 24,100 25,600 22,400 25,600 21,100 73 Equivalent Units Materials Conversion Month February June September December