Jones Sodas adds materials at the beginning of the process in Department A. The following information pertains to Department A’s work in process during April: Units Work in process, April 1 (60% complete as to conversion costs) ……………………………………. 6,000 Started in April ………………………………………………………………………………………………………………. 40,000 Completed………………………………………………………………………………………………………………………30,000 Work in process, April 30 (40% complete as to conversion costs)…………………………………… ? Required Compute the number of equivalent units for materials using the weighted-average method. Compute the number of equivalent units for conversion costs using the weighted-average method.
Jones Sodas adds materials at the beginning of the process in Department A. The following information pertains to Department A’s work in process during April: Units Work in process, April 1 (60% complete as to conversion costs) ……………………………………. 6,000 Started in April ………………………………………………………………………………………………………………. 40,000 Completed………………………………………………………………………………………………………………………30,000 Work in process, April 30 (40% complete as to conversion costs)…………………………………… ? Required Compute the number of equivalent units for materials using the weighted-average method. Compute the number of equivalent units for conversion costs using the weighted-average method.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Jones Sodas adds materials at the beginning of the process in Department A. The following information pertains to Department A’s work in process during April:
Units
Work in process, April 1 (60% complete as to conversion costs) ……………………………………. 6,000
Started in April ………………………………………………………………………………………………………………. 40,000
Completed………………………………………………………………………………………………………………………30,000
Work in process, April 30 (40% complete as to conversion costs)…………………………………… ?
Required
- Compute the number of equivalent units for materials using the weighted-average method.
- Compute the number of equivalent units for conversion costs using the weighted-average method.
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