Stone Company produces carrying cases for CDs. It has compiled the following information for the month of
Question:
Stone adds all materials at the beginning of its manufacturing process. During the month, it started 180,000 units.
Using the weighted-average method, reconcile the number of physical units and calculate the number of equivalent units.
Transcribed Image Text:
Physical Units 70,000 92,000 Percent Complete for Conversion Beginning work in process Ending work in process 55% 70
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Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
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