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aser Resources produces and sells laser components and accessories. All materials are added at the...

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Accounting

aser Resources produces and sells laser components and accessories. All materials are added at the beginning of the process. It has compiled the following information regarding its physical units for the month of November:
Physical Units
Beginning work in process, 30% complete for conversion
Units started 54,000
Units transferred out 70,000
Ending work in process, 45% complete for conversion 20,000
Required:
Using the weighted-average method, reconcile the number of physical units.
Using the weighted-average method, calculate equivalent units for materials and conversion cost.

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