Calculate the number of equivalent units for materials


Question: James Sodas adds materials at the starting of the process in Department A. The following data pertains to Department A's work in process during April:

 

 

 

  Units

Work in process. April 1 (60% complete as to conversion costs).

 

  6,000

 

Started in April .....................................................................

 

40,000

 

Completed .........................................................................

 

30,000

 

Work in process. April 30 (40% complete as to conversion costs).

16,000

 

 

 Required:

[A] Calculate the number of equivalent units for materials applying the weighted average method.

[B] Calculate the number of equivalent units for conversion costs applying the weighted average method.

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Finance Basics: Calculate the number of equivalent units for materials
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