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Compute equivalent units of production for materials

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Reference no: EM131821782

Goode Company has the following production data for selected months.

Ending
Work in Process

Month		 Beginning
Work in Process		 Units
Transferred Out
Units		 % Complete as to
Conversion Cost
January -0- 37,110 11,400 45 %
March -0- 45,170 8,410 75
July -0- 50,600 18,600 25

Compute equivalent units of production for materials and conversion costs, assuming materials are entered at the beginning of the process.

Reference no: EM131821782

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