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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) 290,000 Units started 520,000 Total units to account for 810,000 Units accounted for: Units completed: From BWIP Started and completed 290,000 364,000 654,000 Units, EWIP (65% complete) 156,000 Total units accounted for 810,000 Required: Units started (40% complete) Total units to account for Units accounted for: Units completed: From BWIP Started and completed Units, EWIP (65% complete) Total units accounted for Required: 520,000 810,000 290,000 364,000 654,000 156,000 810,000 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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