Solved: Compute the equivalent units of production fro october, Accounting Basics

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Compute the equivalent units of production fro october

Problem

Clonex lab inc, uses a process costing system. The following dates are available for one department for October.

computation of equivalent units - weighted average method of 1 department.

Work in progress oct 1 30000 units 66% materials conversion 30%

work in progress oct 31 15000 units 80% materials conversion 40%

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

Compute the equivalent units of production fro october assuming that the company uses the weighted average method?

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Accounting Basics: Compute the equivalent units of production fro october

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Accounting Basics: Compute the equivalent units of production fro october

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