Chapter 3 Homework The Following Oasis Company adds all materials at the beginning of its...
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Accounting
Chapter 3 Homework The Following Oasis Company adds all materials at the beginning of its manufacturing process. Production Information for selected months of the year follows: Required: 1. Reconcile the number of physical units worked on during the period. Ending Beginning Work in Process Work In Process Conversion Conversion Complete Units Units Complete (percent) Month Units (percent) Started Transferred Out Units February 19,300 1,500 4400 June 23,700 26,100 22,700 3,200 2,400 September 25,400 21,000 December 3,000 2. Calculate the number of equivalent units for both materials and conversion for each month using the weighted average method Equivalent Units Materials Conversion Month February September December
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