Compute the equivalent units of production for the june

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Problem - The Florida Company manufactures a product that goes through three processing departments. Information relating to activity in the first department during June is given below.

 

Percentage Completed

 

Units

Material

Conversion

Work in process, June 1

160,000

75%

65%

Work in process, Jun 30

130,000

65%

45%

The department started 650,000 units into production during the month and transferred 680,000 completed units to the next department.

Required - Compute the equivalent units of production for the first department for June, assuming that the company uses the weighted-average method of accounting for units and costs.

Reference no: EM132453985

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