Equivalent Units Calculations - Weighted Average Method
The following are selected operating data for Jackson Company's Blending Department for April. Tinting and packaging operations are carried out subsequently in other departments.
Beginning inventory 22,000 units, 60% complete
Started and completed 374,000 units
Ending inventory 33,000 units, 30% complete
Calculate the equivalent units completed using the weighted average method, assuming that the materials are added at the beginning of the process and conversion costs are incurred evenly throughout.
Jackson Company
Flow of Units and Equivalent Units Calculation, April
Where do the units come from? Where do the units go? % Work Done? Equivalent Units Direct Materials % Work Done? Conversion Costs
Beginning Inventory 0 Completed/Transferred 0 0% 0 0% 0
Started 0 Ending Inventory 0 0% 0 0% 0
Total 0 Total 0