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I need help for home work Pierce & Company provides the following information concerning the...

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Accounting

I need help for home work

Pierce & Company provides the following information concerning the work in process at its plant:

  • Beginning inventory was partially complete (materials are 100 percent complete; conversion costs are 60 percent complete).
  • Started this month, 59,700 units.
  • Transferred out, 50,600 units.
  • Ending inventory, 20,500 units (materials are 100 percent complete; conversion costs are 15 percent complete).

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

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