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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) 230,000 Units started 400,000 Total units to account for 630,000 Units accounted for: Units completed: From BWIP 230,000 Started and completed 240,000 470,000 Units, EWIP (75% complete) 160,000 Total units accounted for 630,000 Required: Prepare a schedule of equivalent units using the weighted average method. Goforth Company Total units to account for 630,000 Units accounted for: Units completed: From BWIP Started and completed 230,000 240,000 470,000 Units, EWIP (75% complete) 160,000 Total units accounted for 630,000 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 fraction complete: Equivalent units of output
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