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Stone Company produces carrying cases for CDs. It has compiled the following information for the month of June: Percent Complete Beginning work in process
Stone Company produces carrying cases for CDs. It has compiled the following information for the month of June: Percent Complete Beginning work in process Ending work in process Physical Units 51,000 37,000 for Conversion 55% 64% Stone adds all materials at the beginning of its manufacturing process. During the month, it started 105,000 units. Required: 1. Using the weighted-average method, reconcile the number of physical units. 2. Using the weighted-average method, calculate the number of equivalent units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the weighted-average method, reconcile the number of physical units. Beginning Inventory Units Started Total Physical Units Units Completed Ending Inventory Physical Units < Required 1 Required 2 > Stone Company produces carrying cases for CDs. It has compiled the following information for the month of June: Beginning work in process Ending work in process Physical Units 51,000 37,000 Percent Complete for Conversion 55% 64% Stone adds all materials at the beginning of its manufacturing process. During the month, it started 105,000 units. Required: 1. Using the weighted-average method, reconcile the number of physical units. 2. Using the weighted-average method, calculate the number of equivalent units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the weighted-average method, calculate the number of equivalent units. Units Completed Ending Inventory Total Equivalent Units Physical Units Direct Materials Conversion < Required 1 Required 2 >
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