Purple, Inc

Question 132
Essay

Purple, Inc. manufactures a product that passes through two processes. The following information is available for the first department for February. All materials are added at the beginning of the process. Beginning Work-in-Process Inventory consisted of 400 units that were 60% complete with respect to conversion. Ending Work-in-Process Inventory consisted of 1,000 units that were 10% complete with respect to conversion. During the month, 6,000 units were started in process. Required: A. Prepare a physical flow schedule for the first department. B. Compute equivalent units for the first department using the weighted average costing method. C. How would your answer change in part B if the beginning Work-in-Process Inventory consisted of 400 units that were 80 percent complete with respect to conversion?