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WA EUP For each of the following situations, use the weighted average method to determine the equivalent units of production for labor and overhead, assuming
WA EUP For each of the following situations, use the weighted average method to determine the equivalent units of production for labor and overhead, assuming that they are continuously at the same percentage of completion: a. 16,000 Beginning WIP Inventory (40% complete) Units started in production Units transferred out Ending WIP Inventory (70% complete) EU of production 560,000 550,400 25,600 561,920 X b. 64,000 768,000 Beginning WIP Inventory (30% complete) Units started in production Units transferred out Ending WIP Inventory (80% complete) EU of production ? 41,600 741,120 X C. 24,000 Beginning WIP Inventory (55% complete) Units started in production Units transferred out Ending WIP Inventory (90% complete) EU of production 648,000 665,280 ? 658,128 X d. 17,280 Beginning WIP Inventory (35% complete) Units started in production Units transferred out Ending WIP Inventory (45% complete) EU of production ? 562,560 29,280 569,688 X Check
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