Stone Company produces carrying cases for CDs. It has compiled the following information for the month...
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Stone Company produces carrying cases for CDs. It has compiled the following information for the month of June: Physical Percent Complete for Conversion Units Beginning work in process Ending work in process 47,000 56% 30,000 72 Stone adds all materials at the beginning of its manufacturing process. During the month, it started 108,000 units. Required: 1. Using the weighted-average method, reconcile the number of physical units. 2. Using the weighted-average method, calculate the number of equivalent units. 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. Physical Physical Units Units Beginning Inventory Units Completed Units Started Ending Inventory Total < Required 1 0 Required 2 > Stone Company produces carrying cases for CDs. It has compiled the following information for the month of June: Physical Percent Complete Units for Conversion Beginning work in process Ending work in process 47,000 56% 30,000 72 Stone adds all materials at the beginning of its manufacturing process. During the month, it started 108,000 units. Required: 1. Using the weighted-average method, reconcile the number of physical units. 2. Using the weighted-average method, calculate the number of equivalent units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the weighted-average method, calculate the number of equivalent units. Equivalent Units Physical Units Conversion Units Completed Ending Inventory Total Required 2 0 Direct Materials 0 < Required 1 0 Stone Company produces carrying cases for CDs. It has compiled the following information for the month of June: Physical Percent Complete for Conversion Units Beginning work in process Ending work in process 47,000 56% 30,000 72 Stone adds all materials at the beginning of its manufacturing process. During the month, it started 108,000 units. Required: 1. Using the weighted-average method, reconcile the number of physical units. 2. Using the weighted-average method, calculate the number of equivalent units. 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. Physical Physical Units Units Beginning Inventory Units Completed Units Started Ending Inventory Total < Required 1 0 Required 2 > Stone Company produces carrying cases for CDs. It has compiled the following information for the month of June: Physical Percent Complete Units for Conversion Beginning work in process Ending work in process 47,000 56% 30,000 72 Stone adds all materials at the beginning of its manufacturing process. During the month, it started 108,000 units. Required: 1. Using the weighted-average method, reconcile the number of physical units. 2. Using the weighted-average method, calculate the number of equivalent units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the weighted-average method, calculate the number of equivalent units. Equivalent Units Physical Units Conversion Units Completed Ending Inventory Total Required 2 0 Direct Materials 0 < Required 1 0
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Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Posted Date:
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