Solution-Compute the number of equivalent units

Compute the number of equivalent units

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Reference no: EM132973047

Question - Northern Washington Lumber Company grows, harvests, and processes timber for use as building lumber. The following data pertain to the company's sawmill:

Work-in-process inventory, January 1 (direct materials: 60%, conversion: 40%) 36,800 units

Work-in-process inventory, December 31 (direct materials: 70%, conversion: 60%) 18,400 units

During the year the company started 192,500 units in production.

Required -

1. What are the input and output entries (in units) that contribute to the physical flow schedule?

2. Compute the number of equivalent units of both direct materials and conversion for the year, using the weighted-average method.

Reference no: EM132973047

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Compute the number of equivalent units

Reference no: EM132973047

Reference no: EM132973047

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