Question: Calvez Manufacturing Inc. uses the weighted average cost method under the process costing system. Some numbers are missing from the following forming department's equivalent unit
Calvez Manufacturing Inc. uses the weighted average cost method under the process costing system. Some
numbers are missing from the following forming department's equivalent unit calculation table.
Required
Calculate the following missing numbers:
a Number of whole units of beginning WIP inventory:
b Number of total whole units that went through the production process:
c Number of whole units that are completed and transferred out:
d Percentage of completion for units that are completed and transferred out:
e Number of equivalent units that are completed and transferred out:
f Percentage of completion for ending WIP inventory:
g Number of equivalent units for the current period:
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