M3 9 Algo Calculating Physical Units And Equivalent Units Weighted Average Method Lo 3 2 3 3 Laser Resources Prod 1 (106.61 KiB) Viewed 61 times
M3-9 (Algo) Calculating Physical Units and Equivalent Units (Weighted-Average Method) [LO 3-2, 3-3] Laser Resources produces and sells laser components and accessories. All materials are added at the beginning of the process. It has compiled the following information regarding its physical units for the month of November: Physical Units Beginning work in process, 30% complete for conversion Units started. 47,000 63,000 Units transferred out Ending work in process, 45% complete for conversion 13,000 Required: 1. Using the weighted-average method, reconcile the number of physical units. 2. Using the weighted-average method, calculate equivalent units for materials and conversion cost. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the weighted-average method, reconcile the number of physical units. Physical Units Beginning Inventory Units transferred out Units Started Ending Inventory Total 0 Physical Units 0
Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the weighted-average method, calculate equivalent units for materials and conversion cost. Equivalent Units Physical Units Direct Materials Conversion Units transferred out Ending Inventory Total Required 1 0 0 0 Required 2
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