Question

On March 1, 2019, Baltimore Company's beginning work in process inventory had 7,500 units. This is its only production department. Beginning WIP units were 50% complete as to conversion costs. Baltimore introduces direct materials at the beginning of the production process.  During March, a total of 20,200 units were started and the ending WIP inventory had 9,000 units which were 60% complete as to conversion costs. Baltimore uses the weighted average method. Use this information to determine for March 2019 the equivalent units of production for conversion costs. (Round answer to the nearest whole number of units)

Answer 1

Units charged to production:
Work in process, Beginning			7500
Units added during the period			20200
Total units to be accounted for			27700
Units to be assigned costs
		Equivalent Units
	Whole Units	Direct Materials	Conversion
Units completed during the period	18700	18700	18700
Ending, work in process	9000	9000	5400
Total units to be assigned costs	27700	27700	24100
Equivalent units of production for conversion costs =			24100