The first production department of Stone Incorporated reports the following for April. Direct Materials Units Beginning work in process inventory 61,000 Percent Complete 65% Conversion Percent Complete 35% Units started this period 327,000 Completed and transferred out 305,000 Ending work in process inventory 83,000 85% 35% Compute the number of equivalent units of production for both direct materials and conversion for April using the weighted average method. Total Equivalent units of production: Weighted average method Units Direct Materials Conversion Percent Complete EUP Percent Complete EUP
The first production department of Stone Incorporated reports the following for April. Direct Materials Units Beginning work in process inventory 61,000 Percent Complete 65% Conversion Percent Complete 35% Units started this period 327,000 Completed and transferred out 305,000 Ending work in process inventory 83,000 85% 35% Compute the number of equivalent units of production for both direct materials and conversion for April using the weighted average method. Total Equivalent units of production: Weighted average method Units Direct Materials Conversion Percent Complete EUP Percent Complete EUP
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The first production department of Stone Incorporated reports the following for April.
Direct
Materials
Units
Beginning work in process inventory
61,000
Percent
Complete
65%
Conversion
Percent
Complete
35%
Units started this period
327,000
Completed and transferred out
305,000
Ending work in process inventory
83,000
85%
35%
Compute the number of equivalent units of production for both direct materials and conversion for April using the weighted average
method.
Total
Equivalent units of production: Weighted average method
Units
Direct Materials
Conversion
Percent
Complete
EUP
Percent
Complete
EUP](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc42c01d1-9446-4c92-b674-febc19e87b5b%2F1624090a-9564-42f0-be72-f4fe6dc0dfb1%2F27nlmnm_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required information
[The following information applies to the questions displayed below.]
The first production department of Stone Incorporated reports the following for April.
Direct
Materials
Units
Beginning work in process inventory
61,000
Percent
Complete
65%
Conversion
Percent
Complete
35%
Units started this period
327,000
Completed and transferred out
305,000
Ending work in process inventory
83,000
85%
35%
Compute the number of equivalent units of production for both direct materials and conversion for April using the weighted average
method.
Total
Equivalent units of production: Weighted average method
Units
Direct Materials
Conversion
Percent
Complete
EUP
Percent
Complete
EUP
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