Allied Chemicals operates an assembly process as the second of three processes at its plastics plant. Conversion costs are added evenly during the process, while direct materials are added at the end. The following data pertain to the assembly department for June 2020:

Required:

Compute equivalent units under 

(1) The weighted-average method 

(2) The FIFO method.

Transcribed Image Text:

1 2 3 Home Insert Page Layout A Formulas Work in process, beginning inventory Degree of completion, beginning work in process 4 Transferred in during current period 5 Completed and transferred out during current period 6 Work in process, ending inventory 7 Degree of completion, ending work in process Data Review B Physical Units 50,000 200,000 210,000 ? View Transferred-In Costs 100% 100% D Direct Materials 0% 0% E Conversion Costs 80% 40%