Solution-Evaluate the equivalent units for materials costs

Evaluate the equivalent units for materials costs

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Reference no: EM13516360

Compute Equivalent Units

Bears, Inc., adds materials at the beginning of the process in Department MO. The following information on physical units for Department MO for the month of July is available:

Work in process, July 1 (75% complete with respect to conversion) .	27,000
Started in July	180,000
Completed	180,000
Work in process, July 30 (60% complete with respect to conversion)	27,000

Required

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

b. Compute the equivalent units for materials costs and for conversion costs using the FIFO method.

Reference no: EM13516360

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Evaluate the equivalent units for materials costs

Reference no: EM13516360

Reference no: EM13516360

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