PROBLEM 3 Bart Co. adds materials at the end of the process in Department M. the following information pertain to Department M's work in process during April: UNITS Work in process, April 1 (60% complete as to conversion cost) Started in April Completed Work in process, April 30 (75% complete as to conversion cost) 3, 000 25, 000 20, 000 8, 000 3. What are the equivalent units of production (both for materials and conversion) for the month of April using FIFO method? 4. What are the equivalent units of production (both for materials and conversion) for the month of April using weighted average method?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
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Chapter1: Financial Statements And Business Decisions
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PROBLEM 3
Bart Co. adds materials at the end of the process in Department M. the following information pertain to Department M's work in
process during April:
UNITS
Work in process, April 1 (60% complete as to conversion cost)
Started in April
Completed
Work in process, April 30 (75% complete as to conversion cost)
3, 000
25, 000
20, 000
8, 000
3. What are the equivalent units of production (both for materials and conversion) for the month of April using FIFO method?
4. What are the equivalent units of production (both for materials and conversion) for the month of April using weighted
average method?
Transcribed Image Text:PROBLEM 3 Bart Co. adds materials at the end of the process in Department M. the following information pertain to Department M's work in process during April: UNITS Work in process, April 1 (60% complete as to conversion cost) Started in April Completed Work in process, April 30 (75% complete as to conversion cost) 3, 000 25, 000 20, 000 8, 000 3. What are the equivalent units of production (both for materials and conversion) for the month of April using FIFO method? 4. What are the equivalent units of production (both for materials and conversion) for the month of April using weighted average method?
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