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

Question 155

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The following data are available for Osman Corp.for the current year:
Beginning inventory of goods in 12,000 units, 60% completed process Ending inventory of goods in process  18,000units, 30% completed  Units completed and transferred to finished goods during the year  144,000 units \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.

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