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The first production department of Stone Incorporated reports the following for April. Direct Materials. Percent Complete 75% Total Beginning work in process inventory Units started
The first production department of Stone Incorporated reports the following for April. Direct Materials. Percent Complete 75% Total Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 73,000 387,000 365,000 95,000 85% Units Conversion Percent Complete Compute the number of equivalent units of production for both direct materials and conversion for April using the weighted average method. Percent Complete 25% Equivalent units of production: Weighted average method Direct Materials 35% EUP Percent Complete Conversion EUP
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