Reference no: EM132520567

Chamber Company, Inc. uses the weighted average method in its process costing system. The following data are available for one department in October:

% completed

                                                        Units              Materials       Conversion

Work-in-Process, October.1         40,000             65%            30%

Work-in-Process, October.30        20,000             80%             40%

• This department started 300,000 units into production during the month and transferred 330,000 completed units to the next department.

Required:

Question 1: Compute the equivalent units of production for October.

Question 2: Assuming the company uses the FIFO method, compute the equivalent units of production for materials and conversion for October.