write:Compute EUP for July using both the weighted average and FIFO methods. WIP Inventory – Units 30 000 100 000 20 000 BI units 30 000 S&C units 70 000 Completed units 100 000 90 000 F

2e Slide # 17 Q2-Q4: Equivalent Units of Production Example In July
Rita Corp. had 30
000 units in beginning WIP that were 60% complete and 20
000 units in ending WIP that were 80% complete. There were 100
000 units completed and transferred to FG inventory. Compute EUP for July using both the weighted average and FIFO methods. WIP Inventory – Units 30
000 100
000 20
000 BI units 30
000 S&C units 70
000 Completed units 100
000 90
000 First
summarize the physical flow of the units and compute S&C.

 

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