The following information appears in the records of the Woodrow Company: On June 1, beginning Work-in- Process contained 100,000 units, 70% complete as to conversion costs. During June, 300,000 units were transferred in from process 1. On June 30, 50,000 units remained in inventory, which were 40% complete. A decorative material is added in Process 2 when units are 60% complete.
Required: Compute equivalent units produced during June for prior department, materials and conversion costs under weighted-average and FIFO costing.

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The Answer of The following information appears in the records of the Woodrow Company: On June 1, beginning Work-in- Process contained 100,000 units, 70% complete as to conversion costs. During June, 300,000 units were transferred in from process 1. On June 30, 50,000 units remained in inventory, which were 40% complete. A decorative material is added in Process 2 when units are 60% complete.
Required: Compute equivalent units produced during June for prior department, materials and conversion costs under weighted-average and FIFO costing.

The Following Information Appears in the Records of the Woodrow