Patton Dyes manufactures colorings, primarily for textiles. Information on the work in process follows: • Beginning inventory, 160,000 partially complete liters. • Ending inventory, 130,000 liters; units are 25 percent complete with respect to materials and 60 percent complete with respect to conversion costs. • Started this month, 699,000 liters. Required: a. Compute the equivalent units for materials using the weighted-average method. b. Compute the equivalent units for conversion costs using the weighted-average method. Equivalent Units a. Materials b. Conversion costs
Patton Dyes manufactures colorings, primarily for textiles. Information on the work in process follows: • Beginning inventory, 160,000 partially complete liters. • Ending inventory, 130,000 liters; units are 25 percent complete with respect to materials and 60 percent complete with respect to conversion costs. • Started this month, 699,000 liters. Required: a. Compute the equivalent units for materials using the weighted-average method. b. Compute the equivalent units for conversion costs using the weighted-average method. Equivalent Units a. Materials b. Conversion costs
Chapter5: Process Costing
Section: Chapter Questions
Problem 6PA: Narwhal Swimwear has a beginning work in process inventory of 13,500 units and transferred in...
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![Patton Dyes manufactures colorings, primarily for textiles. Information on the work in process follows:
• Beginning inventory, 160,000 partially complete liters.
• Ending inventory, 130,000 liters; units are 25 percent complete with respect to materials and 60 percent complete with
respect to conversion costs.
• Started this month, 699,000 liters.
Required:
a. Compute the equivalent units for materials using the weighted-average method.
b. Compute the equivalent units for conversion costs using the weighted-average method.
a. Materials
b. Conversion costs
Equivalent
Units](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb67374be-bcfa-44c5-8f74-6eaf46e1a0d1%2Fb35e2820-db0b-4c2c-a874-fde52badb5ff%2Fo6rv2kb_processed.png&w=3840&q=75)
Transcribed Image Text:Patton Dyes manufactures colorings, primarily for textiles. Information on the work in process follows:
• Beginning inventory, 160,000 partially complete liters.
• Ending inventory, 130,000 liters; units are 25 percent complete with respect to materials and 60 percent complete with
respect to conversion costs.
• Started this month, 699,000 liters.
Required:
a. Compute the equivalent units for materials using the weighted-average method.
b. Compute the equivalent units for conversion costs using the weighted-average method.
a. Materials
b. Conversion costs
Equivalent
Units
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