The machining department of Coronado Manufacturing had a busy year! Management evaluated the stage of completion of ending
WIP Inventory and recorded the following in Step of its process costing analysis.
Coronado adds its conversion costs evenly throughout the machining process.
Determine the equivalent units of production for both DM and conversion costs this year for the Coronado machining
department under the FIFO method.
DM
Conversion Costs
Total equivalent units of work done this period
According to the completion percentages in part a does Coronado add DM costs in the machining department closer to the
beginning, the middle, or the end of the process?
Determine the equivalent units of production for both DM and conversion costs this year for the Coronado machining
department under the weightedaverage method.
Total equivalent units of work done this period
