Question: b EXERCISE 4-12 Calculating Equivalent Units: Weighted Average Cost Method and FIFO Method [LO3-CC11; LOS -CC16] Last month, the Finishing Department of Rohirrim Inc. started
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EXERCISE 4-12 Calculating Equivalent Units: Weighted Average Cost Method and FIFO Method [LO3-CC11; LOS -CC16] Last month, the Finishing Department of Rohirrim Inc. started 12.000 units into production. The department had 3.600 units in process at the beginning of the month, and these units were 50% complete with respect to conversion costs. There were 4.800 units in process at the end of the month, and these units were 40% complete with respect to conversion costs. A total of 10,800 units were completed and transferred to the next department during the month. Required: 1. For the last month, compute the equivalent units for conversion using the weighted average cost method 2. Using the answer to Requirement (1). calculate the equivalent units for conversion using the FIFO method. Weighted average Method Quantity Schedule Units to be accounted for Work in process, beginning Started into production Total units Equivalent Units (EU) Conversion Units accounted for as follows: Units completed Work in process, ending Total units and equivalent units of production Quantity Schedule Units to be accounted for: Work in process, beginning Started into production Total units Equivalent Units (EU) Conversion Units accounted for as follows: Work in process, beginning Units brought into production and fully completed during the Activate Windows niet die Wind Work in process, ending Total units and equivalent units of production Quantity Schedule Units to be accounted for: Work in process, beginning Started into production Total units Equivalent Units (EU) Conversion Units accounted for as follows: Work in process, beginning Units brought into production and fully completed during the month i Work in process, ending Total units and equivalent units of production Activate Wine P2-6 EX. 3-6 EX 3-10 Ex. 4 12 + 3C Mostly cloudy wa
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