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Question: Assume the following information:
Milling Department Units Percent CompleteMaterials ConversionBeginning work in process inventory 200 40% 30%Units started into production during March 6,200 Units completed during the period and transferred to the next department 5,920 100% 100%Ending work in process inventory 480 70% 40%
Milling Department Materials ConversionCost of beginning work in process inventory $ 10,000 $ 15,000Costs added during the period 290,000 385,000Total cost $ 300,000 $ 400,000
Using the weighted-average method, what is the equivalent units of production for conversion?
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