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9 October, 14:54

March 1, 2017, Alpha Company's beginning work in process inventory had 8,000 units. This is its only production department. Beginning WIP units were 50% complete as to conversion costs. Alpha introduces direct materials at the beginning of the production process. During March, a total of 15,000 units were started and a total of 20,000 units were completed. Alpha's ending WIP inventory had 3,000 units which were 70% complete as to conversion costs. Alpha uses the weighted average method. Use this information to determine for March 2017 the equivalent units of production for conversion costs. (Round & enter final answers to: the nearest whole dollar for total dollar answers, nearest penny for unit costs or nearest whole number for units)

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  1. 9 October, 15:06
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    Beginning units 8000 Transferred out 20,000

    Started intro production 15000 Ending units 3,000

    23000 23000

    Equivalent units Material Conversion

    Units transferred A 20000 20000

    Ending Units 3,000 3,000

    Completion 100% 70%

    B 3000 2100

    Total units 23000 22100
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