Question

just answer required 2 please.

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. Determine the number of units started and completed each month. 2. Calculate the number of equivalent units for both materials and conversion for each month using the FIFO method. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Reconcile the number of physical units to find the missing amounts. Determine the number of units started and completed each month. Units Started and Units Units Month Beginning Work in Process Conversion Complete Units (percent) 1,500 45 4,400 2,600 25 3,000 39 Completed Ending Work in Process Conversion Complete Units (percent) 7200 218 3,800 38 2.400 547 4,500 721 Completed 17.900 Started 25,100 24,200 25,500 22,100 February June September December 24,800 25,700 20,600 20,400 23,100 17,600 Reduled Required 2 >

Answer 1

Req 2) Equivalent units per month:
Feb:
	PHY. UNITS	MATERIAL		CONVERSION
		%	UNITS	%	UNITS
OP WIP	1500	0	0	45	675
STARTED & COMPLETED	17900	100	17900	100	17900
TRANSFERRED OUT	19400
CL WIP	7200	100	7200	21	1512
EQUIVALENT UNITS (feb)			25100		20087
June:
	PHY. UNITS	MATERIAL		CONVERSION
		%	UNITS	%	UNITS
OP WIP	4400	0	0	74	3256
STARTED & COMPLETED	20400	100	20400	100	20400
TRANSFERRED OUT	24800
CL WIP	3800	100	3800	38	1444
EQUIVALENT UNITS (june)			24200		25100
Sep:
	PHY. UNITS	MATERIAL		CONVERSION
		%	UNITS	%	UNITS
OP WIP	2600	0	0	25	650
STARTED & COMPLETED	23100	100	23100	100	23100
TRANSFERRED OUT	25700
CL WIP	2400	100	2400	54	1296
EQUIVALENT UNITS (sep)			25500		25046
Dec:
	PHY. UNITS	MATERIAL		CONVERSION
		%	UNITS	%	UNITS
OP WIP	3000	0	0	39	1170
STARTED & COMPLETED	17600	100	17600	100	17600
TRANSFERRED OUT	20600
CL WIP	4500	100	4500	72	3240
EQUIVALENT UNITS (dec.)			22100		22010