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[The following information applies to the questions displayed below.] A process manufacturer reports the following: Units Conversion Percent Complete Beginning work in process inventory 172,000
[The following information applies to the questions displayed below.]
A process manufacturer reports the following:
Units | Conversion | |
---|---|---|
Percent Complete | ||
Beginning work in process inventory | 172,000 | 90% |
Units started this period | 365,000 | |
Units completed and transferred out | 395,000 | |
Ending work in process inventory | 142,000 | 40% |
Compute the total equivalent units of production for conversion. The company uses the weighted average method.
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