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why is this wrong? Required information (The following information applies to the questions displayed below.) The first production department of Stone Incorporated reports the following
why is this wrong?
Required information (The following information applies to the questions displayed below.) The first production department of Stone Incorporated reports the following for April. Direct Materials Percent Complete 75% Conversion Percent Complete 25% Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 73,000 387,000 365,000 95,000 85% 35% Compute the number of equivalent units of production for both direct materials and conversion for April using the weighted average method. Answer is not complete. Equivalent units of production: Weighted average method Direct Materials Units Percent EUP Complete 73,000 X x 387,000 X Conversion Percent EUP Complete 25% X 100% Beginning work in process inventory Units started this period Total 460,000Step by Step Solution
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