Question: Amazon Industries utilizes a process costing system to track its costs. The following data pertain to its Machining Department for August. Percent Complete Units Materials

Amazon Industries utilizes a process costing system to track its costs.

Amazon Industries utilizes a process costing system to track its costs. The following data pertain to its Machining Department for August. Percent Complete Units Materials Conversion 2,600 558 10% 10,000 Work in process, August 1 Units started into production during August Units completed during August and transferred to the next department Work in process, August 31 9,100 3,500 75 % 25% Required: Compute Amazon Industries' equivalent units of production for both materials and conversion costs for the Machining Department for August using the weighted average method. Materials 11,900 Conversion 10.100 Equivalent units of production

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