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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) 180,000
Units started 640,000
Total units to account for 820,000
Units accounted for:
Units completed:
From BWIP 180,000
Started and completed 345,600
525,600
Units, EWIP (65% complete) 294,400
Total units accounted for 820,000

Required:

Prepare a schedule of equivalent units using the weighted average method.

Goforth Company
Schedule of equivalent units
(Weighted Average Method)
Units completed fill in the blank 1
Units in ending work in process x fraction complete: fill in the blank 2
Equivalent units of output fill in the blank 3

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