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Answer :
Units Materials Conversion
Opening work in process 54000 90% 60%
Units introduced 389000
Closing work in process 37000 73% 47%
During the month 406000 completed units transferred
Under weighted average method units of opening workin progress are taken full.These are in completed & transferred units
Material Convesion
Opening Workin Process(A) 54000 54000
Units Completed & transferred (B) 406000 406000
Closing Workin Progress(C) 27010 17390
(37000*73/100,37000*47/100)
Equivlvalent Completed units(D=B+C) 433010 423390
So Equivlvalent Completed units material 433010
Equivlvalent Completed units conversion 423390
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Check my work Clonex Labs, Inc., uses the weighted average method in its process costing system....
Please explain Clonex Labs, Inc., uses the weighted average method in its process costing system. The...
Please explain
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October Percent Completed Materials Conversion 90% 60% 66% 46% Units 53,000 35,000 Work in process, October 1 Work in process, October 31 The department started 389,000 units into production during the month and transferred 407,000 completed units to the next department Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Materials Conversion 90% 60 % 73% 49% Units 52,000 36,000 Work in process, October 1 Work in process, October 31 The department started 389,000 units into production during the month and transferred 405,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October Work in process, October 1 Work in process, October 31 Units 52,000 36,000 Percent Completed Materials Conversion 95% 55% 72% 54% The department started 389,000 units into production during the month and transferred 405,000 completed units to the next department Required: Compute the equivalent units of production for October Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data...
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion 48,000 85% 55% 28,000 75% 54% Work in process, October 1 Work in process, October 31 The department started 386,000 units into production during the month and transferred 406,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Materials Conversion 95% 65% 74% 46% Units 45,000 40,000 Work in process, October 1 Work in process, October 31 The department started 406,000 units into production during the month and transferred 411,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October:Percent CompletedUnitsMaterialsConversionWork in process, October 152,00085%55%Work in process, October 3134,00066%50%The department started 389,000 units into production during the month and transferred 407,000 completed units to the next department.Required:Compute the equivalent units of production for October.MaterialsConversionEquivalent units of production
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion Work in process, October 1 50,000 85 % 55 % Work in process, October 31 39,000 69 % 51 % The department started 395,000 units into production during the month and transferred 406,000 completed units to the next department. Required: Compute the equivalent units of production for October.
Check my work 1 1 Clonex Labs, Inc., uses the weighted average method in its process...
Check my work 1 1 Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: 20 points Work in process, October 1 Work in process, October 31 Units 45,000 31,000 Percent Completed Materials Conversion 85% 55% 70% 53 % 01:34:56 The department started 395,000 units into production during the month and transferred 409,000 completed units to the next department. eBook Hint Required: Compute the equivalent units of...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October Percent Completed Materials Conversion 95% 50% 65% Units 54,000 39,000 Work in process, October 1 Work in process, October 31 The department started 399,000 units into production during the month and transferred 414,000 completed units to the next department. Required: Compute the equivalent units of production for October Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion Work in process, October 1 54,000 90 % 60 % Work in process, October 31 35,000 73 % 45 % The department started 396,000 units into production during the month and transferred 415,000 completed units to the next department. Required: Compute the equivalent units of production for October.
Please explain
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October Percent Completed Materials Conversion 90% 60% 66% 46% Units 53,000 35,000 Work in process, October 1 Work in process, October 31 The department started 389,000 units into production during the month and transferred 407,000 completed units to the next department Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Materials Conversion 90% 60 % 73% 49% Units 52,000 36,000 Work in process, October 1 Work in process, October 31 The department started 389,000 units into production during the month and transferred 405,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October Work in process, October 1 Work in process, October 31 Units 52,000 36,000 Percent Completed Materials Conversion 95% 55% 72% 54% The department started 389,000 units into production during the month and transferred 405,000 completed units to the next department Required: Compute the equivalent units of production for October Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion 48,000 85% 55% 28,000 75% 54% Work in process, October 1 Work in process, October 31 The department started 386,000 units into production during the month and transferred 406,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Materials Conversion 95% 65% 74% 46% Units 45,000 40,000 Work in process, October 1 Work in process, October 31 The department started 406,000 units into production during the month and transferred 411,000 completed units to the next department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production
Check my work 1 1 Clonex Labs, Inc., uses the weighted average method in its process costing system. The following data are available for one department for October: 20 points Work in process, October 1 Work in process, October 31 Units 45,000 31,000 Percent Completed Materials Conversion 85% 55% 70% 53 % 01:34:56 The department started 395,000 units into production during the month and transferred 409,000 completed units to the next department. eBook Hint Required: Compute the equivalent units of...
Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October Percent Completed Materials Conversion 95% 50% 65% Units 54,000 39,000 Work in process, October 1 Work in process, October 31 The department started 399,000 units into production during the month and transferred 414,000 completed units to the next department. Required: Compute the equivalent units of production for October Materials Conversion Equivalent units of production
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