Q1) Honey butter, Inc., produces product which goes through two departments previous to completion. Following information is available about work in first department, Mixing Department, in June.
| |
|
Percent Completed |
| |
Units |
Materials |
Conversion |
| Work in process, beginning |
70,000 |
70% |
40% |
| Started into production |
460,000 |
|
|
| Completed and transferred out |
450,000 |
|
|
| Work in process, ending |
80,000 |
75% |
25% |
| |
|
Materials |
Conversion |
| Work in process, beginning |
|
$36,550 |
$13,500 |
| Cost added during June |
|
$391,850 |
$287,300 |
Suppose that company uses weighted-average method. Find out the equivalent units for June for first process.