Answer:
70,100 units and 53,244 units
Explanation:
The computation of the equivalent units for material and conversion cost using the weighted-average method is shown below:
For material
= Transferred out units × completion percentage + ending inventory units × completion percentage
= 50,500 units × 100% + 19,600 units × 100%
= 50,500 units + 19,600 units
= 70,100 units
For conversion
= Transferred out units × completion percentage + ending inventory units × completion percentage
= 50,500 units × 100% + 19,600 units × 14%
= 50,500 units + 2,744 units
= 53,244 units
We simply applied the above formulas