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3, 6-5] materials and conversion for the year, using the weighted average method. 6-31) Equivalent Units; Weighted Average and FIFO Methods Murray Chemical com a variety of petrochemical products. These data are from the firm's Houten plaat 1.000.00 Work-in-Process Inventory, September 1 Direct materials Conversion Units started in process during September Work-in-Process Inventory, September 30 Direct materials Conversion 20,5 cm 250 100 sation 2,100.00 gallons 40% compete 60% conplated Required Compute the equivalent units of direct materials and conversion for the month of September. Use both the weighted average and the FIFO methods. method. 5] 6-31) Equivalent Units; Weighted-Average and FIFO Methods Murray Chemical Company refines a variety of petrochemical products. These data are from the firm's Houston plant: Work-in-Process Inventory, September 1 Direct materials Conversion Units started in process during September Work-in-Process Inventory, September 30 Direct materials Conversion 4,000,000 gallons 50% completed 20% completed 4,850,000 gallons 2,400,000 gallons 40% completed 60% completed Required Compute the equivalent units of direct materials and conversion for the month of September. Use both the weighted average and the FIFO methods
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