Laser Resources produces and sells laser components and accessories. All materials are added at the beginning...
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Laser Resources produces and sells laser components and accessories. All materials are added at the beginning of the process. It has compiled the following information regarding its physical units for the month of November: Beginning work in process, 30% complete for conversion Units started Units transferred out Ending work in process, 45% complete for conversion Physical Units 46,000 62,000 12,000 Required: 1. Using the weighted-average method, reconcile the number of physical units. 2. Using the weighted-average method, calculate equivalent units for materials and conversion cost. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the weighted-average method, reconcile the number of physical units. Beginning Inventory Units Started Total Physical Units 0 Units transferred out Ending Inventory Physical Units Required 1 Required 2 > 0 Required 1 Required 2 Using the weighted-average method, calculate equivalent units for materials and conversion cost. Units transferred out Ending Inventory Total Equivalent Units Physical Units Direct Materials Conversion 0 0 0 Laser Resources produces and sells laser components and accessories. All materials are added at the beginning of the process. It has compiled the following information regarding its physical units for the month of November: Beginning work in process, 30% complete for conversion Units started Units transferred out Ending work in process, 45% complete for conversion Physical Units 46,000 62,000 12,000 Required: 1. Using the weighted-average method, reconcile the number of physical units. 2. Using the weighted-average method, calculate equivalent units for materials and conversion cost. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the weighted-average method, reconcile the number of physical units. Beginning Inventory Units Started Total Physical Units 0 Units transferred out Ending Inventory Physical Units Required 1 Required 2 > 0 Required 1 Required 2 Using the weighted-average method, calculate equivalent units for materials and conversion cost. Units transferred out Ending Inventory Total Equivalent Units Physical Units Direct Materials Conversion 0 0 0
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