Calculating Equivalent Units (Weighted Average)
The Cutting department of Malcom’s Textiles has the following information about production and costs for the month of July.
Beginning work in process, 4,600 units that are 100 percent complete as to materials and 35 percent complete as to conversion costs.
7,500 units transferred out.
Ending work in process, 3,100 units 100 percent complete as to materials and 65 percent complete for conversion.
Required:
Using the weighted average method, compute the number of equivalent units of production for materials and conversion for the month of July.
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