Question: Equivalent Units Calculations - Weighted Average Method The following are selected operating data for Jackson Company's Blending Department for November 2019. Painting and packaging operations

Equivalent Units Calculations - Weighted Average Method The following are selected operating data for Jackson Company's Blending Department for November 2019. Painting and packaging operations are carried out subsequently in other departments. Beginning inventory 5,000 units, 70% complete Started and completed 62,000 units Ending inventory 3,000 units, 40% complete Calculate the equivalent units finished for the month of November using the weighted average method, assuming that the materials are added at the beginning of the process and conversion costs are incurred evenly throughout. Jackson Company Flow of Units and Equivalent Units Calculation, November 2019 Equivalents Units % Work Direct % Work Conversion Where do the units come from? Where do the units go? Done? Materials Done? Costs Beginning Inventory 0 Completed/Transferred 0 % 0 0 % Started 0 Ending Inventory 0 % 0 % Total 0 Total 0 0 0 0 0 0 0 0
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