Compute the total equivalent units of production with respect to labor for June using the…

The following refers to units processed in Heath Printing’s binding department in June. Compute the total equivalent units of production with respect to labor for June using the weighted-average inventory method.

 

Units of Product

Percent of Labor Added

Beginning goods in process            

150,000

85%

Goods started                       

310,000

100

Goods completed                   

340,000

100

Ending goods in process              

120,000

25

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