Cost Management 6th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins

Exercise 30

Beginning work-in-process is 2,000 units; units completed is 44,000 units, and ending work-in- process is 3,000 units, which are 100 percent complete for materials and 50 percent complete for conversion costs. The beginning work-in-process inventory is 100 percent complete for materials and 50 percent complete for conversion.
a. What are the equivalent units for materials and conversion using the weighted average method
b. What are the equivalent units for materials and conversion using the FIFO method