Mccabe Corporation uses the weighted-average method in its process costing. The following data pertain to its Assembly Department for September.
Required:Compute the equivalent units of production for both materials and conversion costs for the Assembly Department for September using the weighted-average method.

Weighted-Average Method

An inventory costing method that assigns a cost to inventory on the basis of the weighted average of the costs of similar goods available for sale during the period.

Equivalent Units

An idea in cost accounting that involves distributing costs to goods that are partially finished, transforming them into the equivalent number of completed goods units.

Conversion Costs

The combined costs of direct labor and manufacturing overhead that are incurred to convert raw materials into finished goods.