Patton Dyes manufactures colorings, primarily for textiles. Information on the work in process follows: Beginning...
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Patton Dyes manufactures colorings, primarily for textiles. Information on the work in process follows: Beginning inventory, 210,000 partially complete liters. Ending inventory, 180,000 liters; units are 25 percent complete with respect to materials and 60 percent complete with respect to conversion costs. Started this month, 709,000 liters. 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. a. Materials E
colorings, primarily for textiles. Information on the work in process follows: - Beginning inventory, 210,000 partially complete liters. - Ending inventory, 180,000 liters; units are 25 percent complete with respect to materials and 60 percent complete with respect to conversion costs. - Started this month, 709,000 liters. Required: a. Compute the equivalent units for materials using the weightedaverage method. b. Compute the equivalent units for conversion costs using the weighted-average method. \begin{tabular}{|l|l|} \hline \multicolumn{2}{|l|}{ ) Answer is complete but not entirel) } \\ \hline \hline & \begin{tabular}{c} Equivalent \\ Units \end{tabular} \\ \hline terials & 752,500 \\ \hline nversion costs & 791,000 \\ \hline \end{tabular}
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