The Indiana Company manufactures a product that goes through three processing departments.

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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.

                                                                             Percentage completed
                                                 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.

    • 8 years ago
    The Indiana Company __correct w/ solutions !
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