Answer -
Equivalent units of production (EUP) with respect to conversion for July using the weighted-average inventory method.
Units | % Conversion | EUP | |
Completed & transferred out |
744000 [Given] |
100% [Given] |
744000 [744000 units * 100%] |
End work in process |
292000 [Given] |
75% [Given] |
219000 [292000 units * 75%] |
Total units | - | - |
963000 [744000 + 219000] |
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