The Following Data Are Available for Osman Corp Using Weighted Average,calculate the Equivalent Units of Production for the Year

Essay

The following data are available for Osman Corp.for the current year:
$\begin{array}{llr} \text {Beginning inventory of goods in } & \text {12,000 units, \( 60 \% \) completed } \\ \text {process } &\\ \text {Ending inventory of goods in process } & \text { 18,000units, \( 30 \% \) completed } \\ \text { Units completed and transferred to } &\\ \text {finished goods during the year } & \text { 144,000 units } \\\end{array}$

Using weighted average,calculate the equivalent units of production for the year.