Question: Selected quantity data from a manufacturing firm for a 2-month period is shown below. mklo7 All units were transferred out as they were completed. Required:
Selected quantity data from a manufacturing firm for a 2-month period is shown below. mklo7

All units were transferred out as they were completed.
Required:
a How many units were still in process at the end of June in both departments?
b Calculate the units of equivalent production for direct materials and conversion costs for both departments for June using both weighted average and fifo.
May: Units started in process Units received from preceding department Units transferred to next department Ending units in process Department A Department B 120,000 86,000 86.000 53,000 34,000 (100% direct materials, 20% conversion costs) 33,000 (100% direct materials, 80% conversion costs) June: Units started in process Units received from preceding department Units transferred to next department Ending units in process 117,000 132,500 ? (100% direct materials, 45% conversion costs) 132,500 131,200 ? (100% direct materials, 75% conversion costs)
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