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Stone Company produces carrying cases for CDs. It has compiled the following information for the month of June: Physical Units 41,000 35,000 Percent Complete for

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Stone Company produces carrying cases for CDs. It has compiled the following information for the month of June: Physical Units 41,000 35,000 Percent Complete for Conversion 48% Beginning work in process Ending work in process 69 Stone adds all materials at the beginning of its manufacturing process. During the month, it started 107,000 units. Using the weighted average method, reconcile the number of physical units. Physical Units Physical Units 41,000 Beginning Inventory Units Completed Ending Inventory Units Started Total 41,000 0 Using the weighted average method, calculate the number of equivalent units. Equivalent Units Physical Units Direct Materials Conversion Units Completed Ending Inventory Total 0 0 0

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