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Weighted Average Method, Equivalent Units Goforth Company produces a product where all manufacturing inputs are applied uniformly. Goforth produced the following physical flow schedule for
Weighted Average Method, Equivalent Units Goforth Company produces a product where all manufacturing inputs are applied uniformly. Goforth produced the following physical flow schedule for April: Units to account for: Units in BWIP (40% complete) Units started 180,000 420,000 600,000 Total units to account for Units accounted for: Units completed From BWIP Started and completed 180,000 324,000 504,000 96,000 600,000 Units, EWIP (75% complete) Total units accounted for Required: Prepare a schedule of equivalent units using the weighted average method Goforth Company Schedule of equivalent units (Weighted Average Method) Units completed Units in ending work in process x fraction complete Equivalent units of output
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