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1. The Townson Manufacturing Company has gathered the following information for the month of September:
9,900 units in the beginning Work-in-Process Inventory (90% complete as to materials, 1/3 complete with respect to the conversion costs).
73,000 units were started into production.
63,000 units were completed and transferred to the next department.
The ending Work-in-Process Inventory is complete as to materials but only 3/8 complete with respect to conversion costs.
2. What are the equivalent units of production (EUPs) for materials in the month of September assuming Townson uses weighted-average process costing?
81,910 EUPs
66,300 EUPs
73,990 EUPs
82,900 EUPs
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