FUNDAMENTALS OF COST ACCT.(LL) >CUSTOM<
5th Edition
ISBN: 9781259912733
Author: LANEN
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 8, Problem 20E
Compute Equivalent Units: Weighted-Average Method
- a. Pierce & Company provides the following information concerning the work in process at its plant:
- b. Beginning inventory was partially complete (materials are 100 percent complete; conversion costs are 40 percent complete).
- c. Started this month, 252,000 units.
- d. Transferred out, 210,000 units.
- e. Ending inventory, 140,000 units (materials are 100 percent complete; conversion costs are 45 percent complete).
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.
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Chapter 8 Solutions
FUNDAMENTALS OF COST ACCT.(LL) >CUSTOM<
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