e weighted-average method, compute the equivalent units of production for a new company that started 86,000 units into production and transferred 61,000 to the second department. Assume that beginning inventory was 0. Conversion is considered to occur evenly throughout the process, while materials are added at the beginning of the process. The ending inventory for Equivalent Units: Conversion is 12,500 units. Equivalent Units of Materials fill in the blank

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Using the weighted-average method, compute the equivalent units of production for a new company that started 86,000 units into production and transferred 61,000 to the second department. Assume that beginning inventory was 0. Conversion is considered to occur evenly throughout the process, while materials are added at the beginning of the process. The ending inventory for Equivalent Units: Conversion is 12,500 units.

Equivalent Units of Materials fill in the blank 1
Equivalent Units of Conversion fill in the blank 2
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