Weighted average method of accounting for units-costs


The ohio company manufactures aprodect that goes through three processing depts. Info relating to activity in the 1st dept during June is givien below Work in process June 1 Units, Material, Conversion 50,000, 80%, 60%, Work in process June 30 Units 45,000, Material 75%Conversion 65%

The dept started 375,000 units into production during the month and transfered 380,000 completed units to the next dept. Compute the equivalent units of production for the 1st dept for June, assuming that the company uses the weighted average method of accounting for units and cost.

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Accounting Basics: Weighted average method of accounting for units-costs
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