Stone Company produces carrying cases for CDs. It has compiled the following information for the month of June: Physical Units Percent Complete for Conversion Beginning work in process 43,000 46% Ending work in process 38,000 68 Stone adds all materials at the beginning of its manufacturing process. During the month, it started 90,000 units. Required: 1. Using the weighted-average method, reconcile the number of physical units. 2. Using the weighted-average method, calculate the number of equivalent units.

Answer and Explanation:

a. The number of physical units reconciles is as follows:

Beginning work in process 43,000

Add: Started during the month 90,000

Units accounted 133,000

Completed & transferred units (133,000 - 38,000) 95,000

Ending work in process 38,000

Units accounted 133,000

b. The number of equivalent units is

Particulars              Units   %Material  EUP   %Conversion     EUP

Units completed      95,000   100%     95,000   100%             95,000

Ending balance        38,000   100%     38,000    68%             25,840

Equivalent units                                    133,000                       120,840

answer: b) the us is the leading importer but not the leading exporter.

extra info:

the u.s is the largest importer but it is not the largest exporter as china sits on the top of the table when it comes to leading exporters.

but u.s is not far from first,

they rank in 2nd globally as the worlds largest exporter.

happy to

pls mark as brainliest