Exercise 16-4 Weighted average: Computing equivalent units P1 The first production department in a process manufacturing system reports the following unit data. Beginning work in process inventory... Units started and completed.. Units completed and transferred out... Ending work in process inventory...... 24,000 units 56,000 units 80,000 units 16,000 units Compute this production department's equivalent units of production for direct materials under each of the following three separate assumptions using the weighted average method. a. All direct materials are added to products when processing begins. b. Beginning inventory is 40% complete as to direct materials costs. Ending inventory is 75% complete as to direct materials costs. c. Beginning inventory is 60% complete as to direct materials costs. Ending inventory is 30% complete as to direct materials costs.

Weighted average: Computing equivalent units Pi The first production department in a process manufacturing system reports the following unit data. Compute this production department's equivalent units of production for direct materials under each of the following three separat assumptions using the weighted average method. a. All direct materials are added to products when processing begins. b. Beginning inventory is 40% complete as to direct materials costs. Ending inventory is 75% complete as to direct materials costs: c. Beginning inventory is 60% complete as to direct materials costs. Ending inventory is 30% complete as to direct materials costs