Equivalent Units Calculations-Weighted Average Method Ferris Corporation makes a powdered rug shampoo in two sequential departments,...

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Equivalent Units Calculations-Weighted Average Method Ferris Corporation makes a powdered rug shampoo in two sequential departments, Compounding and Drying. Materials are added at the beginning of the process in the Compounding Department. Conversion costs are added evenly throughout each process. Ferris uses the weighted average method of process costing. In the Compounding Department, beginning work in process was 14,000 pounds (70 % processed), 129,500 pounds were started in process, 126,000 pounds transferred out, and ending work in process was 90% processed. Calculate equivalent units for March 2016 for the Compounding Department. Ferris Corporation Flow of Units and Equivalent Units Calculation, March 2016 Complete/Transferred Ending Inventory Total Check Ox Ox Ox % Work done ON X 0% x Equivalent Units Direct Materials Ox 0x Ox % Work Done 0% x 0% X Conversion Costs Ox 0x 0x Equivalent Units Calculations-Weighted Average Method Ferris Corporation makes a powdered rug shampoo in two sequential departments, Compounding and Drying. Materials are added at the beginning of the process in the Compounding Department. Conversion costs are added evenly throughout each process. Ferris uses the weighted average method of process costing. In the Compounding Department, beginning work in process was 14,000 pounds (70 % processed), 129,500 pounds were started in process, 126,000 pounds transferred out, and ending work in process was 90% processed. Calculate equivalent units for March 2016 for the Compounding Department. Ferris Corporation Flow of Units and Equivalent Units Calculation, March 2016 Complete/Transferred Ending Inventory Total Check Ox Ox Ox % Work done ON X 0% x Equivalent Units Direct Materials Ox 0x Ox % Work Done 0% x 0% X Conversion Costs Ox 0x 0x

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Calculate the equivalent units for March 2016 in the Compounding Department using the weighted avera... View the full answer