Compute the equivalent units of production for materials

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Reference no: EM132949264

Sha Company has a process costing system. The following data relate to the company's Mixing Department for a recent month:

Units Conversion Percentage of Completion

Beginning work in process inventory 5,000 60%

Units started into production 40,000

Units completed and transferred out 37,000

Ending work in process inventory 8,000 25%

All materials are added at the beginning of the Mixing process.

Required:

A. Compute the equivalent units of production for materials using the FIFO method.

B. Compute the equivalent units of production for conversion using the FIFO method.

C. Compute the equivalent units of production for materials using the weighted-average method.

D. Compute the equivalent units of production for conversion using the weighted-average method.

Reference no: EM132949264

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