SOLUTION

Kali Manufacturing Inc. began the year with the following. Units Beginning work-in-process 20,000 20% complete Transferred to finished goods 60,000 Ending inventory 10,000 70% complete Materials added at the beginning of the process Required Calculate the equivalent units for a.material costs under the weighted average process cost method; b.conversion costs under the weighted average process cost method; c.material costs under the FIFO process cost method; and d.conversion costs under the FIFO process cost method.

Solution:

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