A company uses a process costing system. The company uses the weighted-average method and reports the following
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Question:
A company uses a process costing system. The company uses the weighted-average method and reports the following data for its Welding department.
Units | Direct materials Percent Complete | Conversion Percent Complete | |
---|---|---|---|
Units completed and transferred out | 100,000 | 100% | 100% |
Ending work in process inventory | 30,000 | 75% | 40% |
Calculate the equivalent units of production for both direct materials and conversion for the Welding department
Related Book For
Horngrens Accounting
ISBN: 978-0134674681
12th edition
Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura
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