The first production department of Stone Incorporated reports the following for April. Direct Materials Percent Complete 60% Total Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 60,000 322,000 300,000 82,000 Units 80% Exercise 20-8 (Static) Weighted average: Computing equivalent units of production LO P1 Compute the number of equivalent units of production for both direct materials and conversion for April using the weighted average method. Percent Complete Conversion Percent Complete 40% Equivalent units of production - Weighted average method Direct Materials 30% EUP Percent Complete Conversion EUP

The first production department of Stone incorporated reports the following for April. Exercise 20-8 (Static) Weighted average: Computing equivalent units of production LO P1 Compute the number of equivalent units of production for both direct materials and conversion for April using the weighted average method