Question
Sunnyvale Inc. has a beginning WIP of 4,750 units, and the company has completed 63,900 units. In the beginning WIP, the completion percentage in the
Sunnyvale Inc. has a beginning WIP of 4,750 units, and the company has completed 63,900 units. In the beginning WIP, the completion percentage in the beginning WIP for direct materials is 100% and 50% for conversion.
The company has an ending WIP of 6,600 units, among which the completion percentage for direct materials is 100% and 50% for conversion costs.
Required:
1. Calculate the equivalent units for materials and conversion using the weighted-average method.
2. Calculate the equivalent units for materials and conversion using the FIFO method.
Required 1 Required 2 What are the equivalent units for materials and conversion using the weighted average method? Equivalent Units Direct materials Conversion Required 1 Required 2 What are the equivalent units for materials and conversion using the FIFO method? Equivalent Units Direct materials Conversion
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