The Alabama Company manufactures a product
by | Mar 18, 2020 | Uncategorized
The Alabama Company manufactures a product that goes through three processing departments. Information relating to activity in the first department during June is given below.
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|
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Percentage Completed
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|
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Units
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Materials
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Conversion
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|
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Work in process, June 1
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75,000
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65%
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45%
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|
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Work in process, Jun 30
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72,500
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75%
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70%
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The department started 237,500 units into production during the month and transferred 240,000 completed units to the next department.
Required: Compute the equivalent units of production for the first department for June, assuming that the company uses the weighted-average method of accounting for units and costs.
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