The following three companies have just one manufacturing process in-house; they all incur conversion costs...
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The following three companies have just one manufacturing process in-house; they all incur conversion costs (CC) evenly throughout their process. \begin{tabular}{lrl} & Company C \\ \hline Units in beginning WIP Inventory & 10,100 & Additional information:Additional information: \\ Units started this period & ? & Units in beginning WIP Inventory are 80% complete for conversion costs. \\ Units completed & 31,300 & Units in ending WIP Inventory are 30% complete for conversion costs. \\ Units in ending WIP Inventory & 4,900 & - DM is added when units reach 95% complete for conversion costs. \end{tabular} Determine physical units and equivalent units of production for Company B under the (1) FIFO method and (2) weighted-average method. Determine physical units and equivalent units of production for Company B under the (1) FIFO method and (2) weighted-average method. (1) FIFO method (2) Weighted-average method (2) Weighted-average method
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