Conlon Chemicals manufactures paint thinner. Information on the work in process follows:

• Beginning inventory, 43,200 partially complete gallons.

• Transferred out, 213,600 gallons.

• Ending inventory (materials are 22 percent complete; conversion costs are 11 percent complete).

• Started this month, 238,800 gallons.

Required:

a. Compute the equivalent units for materials using the weighted-average method.

b. Compute the equivalent units for conversion costs using the weighted-average method.

"Looking for a Similar Assignment? Order now and Get 10% Discount! Use Code "Newclient"