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Calculate the equivalent units for conversion

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Question: Maverick Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below.

Work in process, beginning:

Units in beginning work in process inventory 400

 Materials costs $6,900

 Conversion costs $2,500

 Percent complete for materials 80%

 Percent complete for conversion 15%

 Units started into production during the month 6,000

 Units transferred to the next department during the month 5,600

 Materials costs added during the month $112,500

Conversion costs added during the month $210,300

Ending work in process:

Units in ending work-in-process inventory 800

Percentage complete for materials 70%

Percentage complete for conversion 30%

Required: Calculate the equivalent units for conversion for the month in the first processing department.

Reference no: EM131565182

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