ed K ces ! Required information [The following information applies to the questions displayed below.] Oasis Company adds all materials at the beginning of its manufacturing process. Production information for selected months of the year follows: Required: 1. Reconcile the number of physical units to find the missing amounts. 2. Calculate the number of equivalent units for both materials and conversion for each month using the weighted-average method. Complete this question by entering your answers in the tabs below. Required- d1 Reconcile the number of physical units to find the missing amounts. Beginning Work in Process Month February June Required 2 September December Units 1,000 4,900 3,700 Conversion Complete (percent) 49 - 70 26 37 Units Units Started Transferred Out 19,200 23,400 25,700 22,100 25,400 21,200 Ending Work in Process Units 6,800 3,700 2,900 Conversion Complete (percent) 30 45 59 72
ed K ces ! Required information [The following information applies to the questions displayed below.] Oasis Company adds all materials at the beginning of its manufacturing process. Production information for selected months of the year follows: Required: 1. Reconcile the number of physical units to find the missing amounts. 2. Calculate the number of equivalent units for both materials and conversion for each month using the weighted-average method. Complete this question by entering your answers in the tabs below. Required- d1 Reconcile the number of physical units to find the missing amounts. Beginning Work in Process Month February June Required 2 September December Units 1,000 4,900 3,700 Conversion Complete (percent) 49 - 70 26 37 Units Units Started Transferred Out 19,200 23,400 25,700 22,100 25,400 21,200 Ending Work in Process Units 6,800 3,700 2,900 Conversion Complete (percent) 30 45 59 72
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![ed
ces
Required information
[The following information applies to the questions displayed below.]
Oasis Company adds all materials at the beginning of its manufacturing process. Production information for selected
months of the year follows:
Required:
1. Reconcile the number of physical units to find the missing amounts.
2. Calculate the number of equivalent units for both materials and conversion for each month using the weighted-average method.
Complete this question by entering your answers in the tabs below.
Required
Reconcile the number of physical units to find the missing amounts.
Month
February
June
September
December
Required 2
Beginning
Work in Process
Units
1,000
4,900
3,700
Conversion
Complete
(percent)
49
70
26
37
Units
Units
Started Transferred Out
19,200
23,400
25,700
22,100
25,400
21,200
Ending
Work in Process
Units
6,800
3,700
2,900
Conversion
Complete
(percent)
30
45
59
72](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1b815388-426e-431e-83e9-76e412c4fca2%2F409d1d5b-8e9b-4ed7-ab20-146d8bf6134a%2Fill47am_processed.jpeg&w=3840&q=75)
Transcribed Image Text:ed
ces
Required information
[The following information applies to the questions displayed below.]
Oasis Company adds all materials at the beginning of its manufacturing process. Production information for selected
months of the year follows:
Required:
1. Reconcile the number of physical units to find the missing amounts.
2. Calculate the number of equivalent units for both materials and conversion for each month using the weighted-average method.
Complete this question by entering your answers in the tabs below.
Required
Reconcile the number of physical units to find the missing amounts.
Month
February
June
September
December
Required 2
Beginning
Work in Process
Units
1,000
4,900
3,700
Conversion
Complete
(percent)
49
70
26
37
Units
Units
Started Transferred Out
19,200
23,400
25,700
22,100
25,400
21,200
Ending
Work in Process
Units
6,800
3,700
2,900
Conversion
Complete
(percent)
30
45
59
72
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Step 1: Introduce to Weighted Average Method
VIEWStep 2: Working for missing data and equivalent unit for February Month
VIEWStep 3: Working for missing data and equivalent unit for June Month
VIEWStep 4: Working for missing data and equivalent unit for September Month
VIEWStep 5: Working for missing data and equivalent unit for December Month
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