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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) 190,000 Units started 580,000 Total units to account for 770,000 Units accounted for: Units completed: From BWIP 190,000 Started and completed 290,000 480,000 Units, EWIP (60% complete) 290,000 Total units accounted for 770,000 Required: Prepare a schedule of equivalent units using the weighted average method. Goforth Company Schedule of equivalent units (Weighted Average Method) Units completed Check My Workmore Check My Work uses remaining. Previous Ne Units to account for: Units in BWIP (40% complete) 190,000 Units started 580,000 Total units to account for 770,000 Units accounted for: Units completed: From BWIP 190,000 Started and completed 290,000 Units, EWIP (60% complete) Total units accounted for 480,000 290,000 770,000 Required: Prepare a schedule of equivalent units using the weighted average method. Goforth Company Schedule of equivalept units (Weighted Average Method) Units completed Units in ending work in process x fraction complete Equivalent units of output
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