Pharma Company produces various medicines in capsule form. At the beginning of the month of February, it had $9,000$ units that  were $50\%$ complete. ese were assigned costs of $$70,000.$ During the month, it completed $50,000$ units and has $10,000$ units that  are $60\%$ completed. It had production sts during the month of $$900,000.$

Complete all five steps of a production report using the weighted average method.

Complete all five steps of a production report using the FIFO method.

Answer rating: 100% (QA)

Sure lets start with the weighted average method Weighted Average Method Units to Account For Beginning Inventory 9000 units 50 complete Units Started ... View the full answer