Using the weighted-average method reconcile the number of


Problem

Stone Company produces carrying cases for CDs. It has compiled the following information for the month of June Physical Percent Complete Units 52,000 33,000 for Conversion Beginning work in process Ending work in process 62 Stone adds all materials at the beginning of its manufacturing process. During the month, it started 95,000 units Using the weighted-average method, reconcile the number of physical units Physical Units Physical Units Beginning Inventory Units Started Total Units Completed Ending Inventory Using the weighted-average method, calculate the number of equivalent units Equivalent Units Physical Units Direct Materials Conversion Units Completed Ending Inventory Total

Stone Company produces carrying cases for CDs. It has compiled the following information for the month of June: Stone adds all materials at the beginning of its manufacturing process. During the month, it started 95, 000 units. Using the weighted-average method, reconcile the number of physical units. Using the weighted-average method, calculate the number of equivalent units.

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Accounting Basics: Using the weighted-average method reconcile the number of
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