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

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 2,500 units, 70% complete Started and completed 31,000 units Ending inventory 1,500 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 Where do the units come from? Where do the units go? Done? Materials Done? Beginning Inventory 2500 V Completed/Transferred 9300 X 100 % OX 0 % Started * Ending Inventory 1500 100 % 0x 0 % Total 33500 * Total 10800 x Conversion Costs x 0 x Ox 0 x Check

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