Given the following information, determine the equivalent units of ending work in process for materials and conversion
Question:
Given the following information, determine the equivalent units of ending work in process for materials and conversion using the weighted-average method:
• Beginning inventory of 750 units is 100% complete with regard to materials and 30% complete with regard to conversion.
• 9,500 units were started during the period.
• 8,900 units were completed and transferred.
• Ending inventory is 100% complete with regard to materials and 68% complete with regard to conversion.
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First lets calculate the equivalent units for materials Beginning WIP 750 units 100 complete 750 equ...View the full answer
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Related Book For 
Principles Of Accounting Volume 2 Managerial Accounting
ISBN: 9780357364802
1st Edition
Authors: OpenStax
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