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The following data have been provided by Allton Corporation, which uses the weighted-average method in its process costing. The data are for the company's Shaping
The following data have been provided by Allton Corporation, which uses the weighted-average method in its process costing. The data are for the company's Shaping Department for October.
Percent Complete | |||
Units | Materials | Conversion | |
Work in process, October 1 | 200 | 65% | 45% |
Units started into production during October | 7,800 | ||
Units completed during October and transferred to the next department | 7,500 | ||
Work in process, October 31 | 500 | 65% | 45% |
Required: Compute the equivalent units of production for both materials and conversion costs for the Shaping Department for October using the weighted-average method.
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