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% completed as to conversion costs.
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% completed as to conversion costs. Alpha introduces direct materials at the beginning of the production process. During March, a total of 17,000 units were started and a total of 20,000 units were completed. Alpha’s ending WIP inventory had 5,000 units which were 60% completed 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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