Triton Manufacturing Company began June 2016 with 10,000 unitsof inventory in process, 20 percent completed. During the period,50,000 units were completed and transferred to the finished goodswarehouse. Ending inventory consisted of 5,000 units, 70 percentcompleted. Materials were added at the beginning of the process.Required: Calculate the equivalent units for: I. Materials costsunder the weighted average process cost method. II. Conversioncosts under the weighted average process cost method. III.Materials costs under the FIFO process cost method. IV. Conversioncosts under the FIFO process cost method.
