Coleman Manufacturing Company began July with 25,000 units of inventory in process, 30 percent completed. During the month, 125,000 units were completed and transferred to the finished goods warehouse. Ending inventory consisted of 20,000 units, 70 percent completed. Materials were added at the beginning of the process.
Required: Calculate the equivalent units in process for:
a. Materials equivalent units under the weighted average process cost method
b. Conversion equivalent units under the weighted average process cost method

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The Answer of Coleman Manufacturing Company began July with 25,000 units of inventory in process, 30 percent completed. During the month, 125,000 units were completed and transferred to the finished goods warehouse. Ending inventory consisted of 20,000 units, 70 percent completed. Materials were added at the beginning of the process.
Required: Calculate the equivalent units in process for:
a. Materials equivalent units under the weighted average process cost method
b. Conversion equivalent units under the weighted average process cost method

Coleman Manufacturing Company Began July with 25,000 Units of Inventory