The Illinois Company manufactures a product that goes through three processing departments. Information relating to activity in the first department during June is given below:

Percent completed

The department started 475,000 units into production during the month and transferred 480,000 completed units to the next department.
REQUIRED:
Compute the equivalent units of production for the first department for June, assuming that the company uses the weighted-average method of accounting for units andcosts.

Transcribed Image Text:

Materials Conversion Work in process. June 1 work in process, Jun 30 Units 150.000 145.000 75% 5590 85% 75%