The following data is available for Donaldson Corp. for the current year:Beginning inventory of Work in Process12,000 units, 60% completedEnding inventory of Work in Process18,000 units, 30% completedUnits completed and transferred to finished goods during the year144,000 unitsCalculate the equivalent units of production for the year using the weighted average method.
What will be an ideal response?
? | Physical Units | % of Work Performed | Equivalent Units |
Completed and Transferred Out | 144,000 | 100% | 144,000 |
Ending Work in Process | 18,000 | 30% | 5,400 |
Total | 162,000 | ? | 149,400 |
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