Solution-How do compute the equivalent units for conversion

How do compute the equivalent units for conversion costs

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Reference no: EM132741903

Conlon Chemicals manufactures paint thinner. Information on the work in process follows:

Beginning inventory, 40,900 partially complete gallons.
Transferred out, 206,000 gallons.
Ending inventory (materials are 19 percent complete; conversion costs are 9 percent complete).
Started this month, 243,900 gallons.

Required:

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

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

Reference no: EM132741903

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How do compute the equivalent units for conversion costs

Reference no: EM132741903

Reference no: EM132741903

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