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Conversion costs using weighted-average method

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Reference no: EM133266217

Patton Dyes manufactures colorings, primarily for textiles. Information on the work in process follows:

Beginning inventory, 140,000 partially complete liters.

Ending inventory, 110,000 liters; units are 25 percent complete with respect to materials and 60 percent complete with respect to conversion costs.

Started this month, 695,000 liters.

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

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

Reference no: EM133266217

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