Equivalent units for august using weighted average method

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Reference no: EM131295470

At the beginning of August 20x1, XYZ Corporation had 100 units in beginning work in process, which were 100% complete with respect to materials and 20% complete with respect to conversion. XYZ started 500 units during August. Ending work in process consisted of 50 units, which were 100% complete with respect to materials and 60% complete with respect to conversion.

a. Calculate XYZ’s equivalent units for August using the FIFO method.

b. Calculate XYZ’s equivalent units for August using the weighted average method.

Reference no: EM131295470

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