equivalent units schedule using fifo/wa

Project Description:

nelson corporation
nelson corporation has the following information available for may of the current year:
beginning work in process inventory
(25% complete as to conversion) 10,000 units
started 120,000 units
ending work in process inventory
(30% complete as to conversion) 30,000 units
beginning work in process inventory costs:
material $2,100
conversion 2,030
current period costs
material $ 33,000
conversion 109,695
all material is added at the start of production and all products completed are transferred out.
1. refer to nelson corporation. prepare an equivalent units schedule using the (a) fifo and (b) weighted average method.
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Price Type: Negotiable

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