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Use the following information provided by Duno Corporation to ouwer the next two questions WP Inventory, January 1 2.000 units Units started 8,000 units Units
Use the following information provided by Duno Corporation to ouwer the next two questions WP Inventory, January 1 2.000 units Units started 8,000 units Units completed and transferred out 3.000 units WIP Inventory, December 31 4,000 units The units in the begining WIP inventory were 100% completo for materials and 50% complete for conversion costs The units in the ending WP inventory were 70% complete for materials and 50% complete for conversion costs Use the following template to guide your answers for the following two questions Where do the units come from? Where do the units go? Equivalent Units 96 Work Direct % Work Conversion Done? Materials Done? Casts Beginning inventory Started Total Complete/Transferred Ending Inventory Total Question 6 Assume that Dune uses the weighted average method. At the end of the year, what are the equivalent units of direct materials? 7,000 O 8,000 8,800 10,000
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