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Stoltenberg Co. had the following information for the month of June: Work in process beginning inventory, June 1 2,100 units Units transferred in 17,200 units
Stoltenberg Co. had the following information for the month of June: | ||||||||||
Work in process beginning inventory, June 1 | 2,100 | units | ||||||||
Units transferred in | 17,200 | units | ||||||||
Work in process ending inventory, June 30 | 4,200 | units | ||||||||
Beginning work-in-process inventory is 30 percent complete as to conversion. Ending work-in-process inventory is 50 percent complete as to conversion. Materials are added at the end of the process. | ||||||||||
The equivalent units for conversion under the weighted average method are calculated to be: |
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