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Computation of Equivalent Units-Weighted-Average Method

Clonex Labs, Inc., uses a process costing system. The following data are available for one department for October:

Percent Completed

UnitsMaterialsConversion  Work in process, October 130,00065%30%  Work in process, October 3115,00080%40%

The department started 175,000 units into production during the month and transferred 190,000 completed units to the next department.

Required: Compute the equivalent units of production for October, assuming that the company uses the weighted-average

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92583294
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