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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
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) 280,000 720,000 Units started Total units to account for Units accounted for: Units completed: From ewte Started and completed Units, EWIP (75% complete) 1,000,000 280,000 489,600 769,600 230,400 1,000,000 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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