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Required information Use the following information for the Exercises below. The following information apples to the questions displayed below] The production department in a process

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Required information Use the following information for the Exercises below. The following information apples to the questions displayed below] The production department in a process manufacturing system completed 96,000 units of product and transferred them to finished goods during a recent period. Of these units, 28,800 were in process at the beginning of the period. The other 67.200 units were started and completed during the period. At perlod end, 16,800 units were in process. Exercise 16-4 Weighted average: Computing equivalent units LO C2 Prepare the department's equivalent units of production with respect to direct materials under each of three separate assumptions using the weighted average method for process costing Equivalent Units of Production (EUP ---Weighted Average Method All direct materials are added to products when processing begins Uniti EUP Materials Materials units started this penod Ending work in process Total EUP Required information Ending work in process Total EUP 2. Beginning inventory is 40% complete as to materials and conversion costs. Ending inventory is 75% complete as to materials and conversion costs. EUP- Units % Materials Materials Goods completed Ending work in process Total EUP + nces 3. Beginning inventory is 70% complete as to materials and 30% complete as to conversion costs. Ending inventory is 20% complete as to materials and 70% complete as to conversion costs EUP- Units % Materials Materials Goods completed Ending work in process Total EUP

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