compute the total equivalent units of production with respect to labor for june usin 648416
The following refers to units processed in Heath Printing’s binding department in June. Compute the total equivalent units of production with respect to labor for June using the weighted average inventory method.
|
|
Units of Product |
Percent of Labor Added |
|
Beginning goods in process |
150,000 |
85% |
|
Goods started |
310,000 |
100 |
|
Goods completed |
340,000 |
100 |
|
Ending goods in process |
120,000 |
25 |