Question
The first production department of Stone Incorporated reports the following for April. Direct Materials Conversion Percent Complete Percent Complete Beginning work in process inventory 60,000
The first production department of Stone Incorporated reports the following for April.
| Direct Materials | Conversion | ||
|---|---|---|---|
| Percent Complete | Percent Complete | ||
| Beginning work in process inventory | 60,000 | 60% | 40% |
| Units started this period | 322,000 | ||
| Completed and transferred out | 300,000 | ||
| Ending work in process inventory | 82,000 | 80% | 30% |
Compute the number of equivalent units of production for both direct materials and conversion for April using the weighted average method.
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Payroll Accounting 2022
Authors: Bernard J. Bieg, Judith A. Toland
32nd Edition
0357518756, 9780357518755
