Calculate the equivalent units for conversion costs

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Reference no: EM13137904

Compute equivalent units: Weighted- Average Method

Clean Corporation manufactures liquid window cleaner. The following information concerns its work in process:
Beginning inventory, 8,000 partially complete gallons
Transferred out, 42,000 gallons

Ending inventory (materials are 10 percent complete; conversion costs are 20 percent complete)

Started this month 48,000 gallons

a. Compute the equivalent units for materials using the weighted- average method.

b. Compute the equivalent units for conversion costs using the weighted-average method.

Reference no: EM13137904

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