question archive Equivalent Units: Weighted Average Method The following data are for four independent process-costing departments
Subject:AccountingPrice: Bought3
Equivalent Units: Weighted Average Method
The following data are for four independent process-costing departments. Inputs are added continuously.
A | B | C | D | |
Beginning inventory | 8,000 | 6,000 | Ac€?? | 40,000 |
Percent completion | 30% | 80% | Ac€?? | 65% |
Units started | 23,000 | 16,000 | 50,000 | 38,000 |
Ending inventory | 7,000 | Ac€?? | 9,000 | 15,000 |
Percent completion | 20% | Ac€?? | 30% | 25% |
Required:
Compute the equivalent units of production for each of the preceding departments using the weighted average method.
Equivalent Units | |
Department A | |
Department B | |
Department C | |
Department D |