The Ohio Company manufactures a product that goes through three processing departments. Information relating to activity in the first department during June is given below:
Percent Completed
Units Materials Conversion
Work in process, June 1 45,000 75% 65%
Work in Process, June 30 38,000 60% 55%
The department started 315,000 units into production during the month and transferred 322,000 completed units to the next department.
Compute the equivalent units of production for the first department for June, assuming that that the company uses the weighted-average method of accounting for units and costs.
Equivalent units of production
Materials:
Conversion