Question
Townson Manufacturing Company collected the following information for September: Originally 11,700 units in the Work-in-Process Inventory (80% complete in materials, 1/3 complete based on conversion
Townson Manufacturing Company collected the following information for September:
Originally 11,700 units in the Work-in-Process Inventory (80% complete in materials, 1/3 complete based on conversion costs).
Production of 79.000 units started.
69.000 units were completed and transferred to the next department.
The Work-in-Process Inventory is complete in materials, but only 3/8 complete in terms of conversion costs.
Assuming Townson uses a weighted average process cost, what are the equivalent units of production (EUP) for materials in September?
Step by Step Solution
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Step: 1
Equivalent units for units in the beginning WIP inventory The beginning WIP inventory is ...
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Managerial Accounting
Authors: Ray H Garrison, Alan Webb, Theresa Libby
11th Canadian Edition
1259275817, 978-1259275814
