On September 1, Delta Company had 30,000 units in process, which were 30% completed. Materials are added

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On September 1, Delta Company had 30,000 units in process, which were 30% completed. Materials are added at the beginning of the process. During the month 170,000 units were started and 180,000 completed. Ending work in process was 50% complete. Calculate
(a) The equivalent units of production for materials if weighted average were used
(b) The equivalent units of production for materials if FIFO were used.
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Cornerstones of Financial and Managerial Accounting

ISBN: 978-1111879044

2nd edition

Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen

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