Beginning Work-in-Process is 3,450 units; 72,000 units completed, and ending Work-in-Process is 5,950 units, which are...
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Beginning Work-in-Process is 3,450 units; 72,000 units completed, and ending Work-in-Process is 5,950 units, which are 100% complete for direct materials and 50% complete for conversion costs. The beginning WIP Inventory is 100% complete for direct materials and 50% complete for conversion. Required: 1. What are the equivalent units for materials and conversion using the weighted-average method? 2. What are the equivalent units for materials and conversion using the FIFO method? Complete this question by entering your answers in the tabs below. Required 1 Required 2 What are the equivalent units for materials and conversion using the FIFO method? Equivalent Units Direct materials Conversion < Required 1 Required 2 > Beginning Work-in-Process is 3,450 units; 72,000 units completed, and ending Work-in-Process is 5,950 units, which are 100% complete for direct materials and 50% complete for conversion costs. The beginning WIP Inventory is 100% complete for direct materials and 50% complete for conversion. Required: 1. What are the equivalent units for materials and conversion using the weighted-average method? 2. What are the equivalent units for materials and conversion using the FIFO method? Complete this question by entering your answers in the tabs below. Required 1 Required 2 What are the equivalent units for materials and conversion using the FIFO method? Equivalent Units Direct materials Conversion < Required 1 Required 2 >
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Req1 Equivalent unit of production using weightedaverage method Units of ... View the full answer
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133392883
6th Canadian edition
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
Posted Date:
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