Question: Manning Corporation uses the weighted-average method in its process costing. The following data pertain to its Processing Department for September. Percent Complete Units Materials Conversion
Manning Corporation uses the weighted-average method in its process costing. The following data pertain to its Processing Department for September.
| Percent Complete | |||
| Units | Materials | Conversion | |
| Work-in-process, September 1 | 700 | 65% | 45% |
| Units started into production during September | 8,300 | ||
| Units completed during September and transferred to the next department | 7,300 | ||
| Work-in-process, September 30 | 1,700 | 90% | 40% |
Required: Compute the equivalent units of production for both materials and conversion costs for the Processing Department for September using the weighted-average method.
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