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
ProblmUnits transferred out are 100% complete.
Ending WIP for material is 100% ...
The solution explains how to calculate the equivalent units for material and conversion