Yoga Plus manufactures yoga mats. The Pressing Department had the following data from January, 2013:

		% Complete
	Units	Materials	Conversion
WIP, January 1	600	90%	30%
Units started in production in January	12,500
Units completed and transferred to the next department	13,000	100%	100%
WIP, January 31	100	60%	40%

Calculate the equivalent units using both the weighted average and FIFO methods.

Let's begin by calculating the total equivalent units using the weighted average cost method. (Round interim and final calculations to the nearest whole unit.)

	Materials	Conversion
Units transferred to the next department
WIP, January 31
Total equivalent units

Now let's calculate the total equivalent units using the FIFO method. (Round interim and final calculations to the nearest whole unit.)

	Materials	Conversion
WIP, January 1
Units started and completed
WIP, January 31
Total equivalent units