$5.00 The Indiana Company manufactures a product that goes through three processing departments.Found in Education: General-Education
Chapter 1, # 1
The Indiana Company manufactures a product that goes through three processing departments. Information relating to activity in the first department during June is given below:
Units Materials Conversion
Work in process, June 1 70,000 65% 45%
Work in process, Jun 30 60,000 75% 65%
The department started 290,000 units into production during the month and transferred 300,000 completed units to the next department.
REQUIRED: Compute the equivalent units of production for the first department for June, assuming that the company uses the weighted-average method of accounting for units and costs.
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- Posted on Feb. 19, 2012 at 09:30:57AM