Explore BrainMass

Explore BrainMass

    Equivalent units

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Tip Top Painting Company has the following production data for January:

    ? Beginning work in process, 0 units
    ? Units transferred out, 35,000
    ? Units in ending work in process, 4,000, which are 30% complete for conversion costs

    Materials are added only at the beginning of the process. Compute equivalent units of production for both materials and conversion costs using the weighted average method.

    © BrainMass Inc. brainmass.com June 3, 2020, 10:10 pm ad1c9bdddf

    Solution Preview

    ProblmUnits transferred out are 100% complete.
    Ending WIP for material is 100% ...

    Solution Summary

    The solution explains how to calculate the equivalent units for material and conversion