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The first production department of Stone Incorporated reports the following for April. Direct Materials Conversion Units Beginning work in process inventory. 69,000 Percent Complete
The first production department of Stone Incorporated reports the following for April. Direct Materials Conversion Units Beginning work in process inventory. 69,000 Percent Complete 80% Percent Complete 20% Units started this period 367,000 Completed and transferred out 345,000 Ending work in process inventory 91,000 80% 30% Exercise 16-8 (Algo) 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 Total Equivalent units of production: Weighted average method Units Direct Materials Conversion Percent Complete EUP Percent Complete EUP
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