Question

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% complete as to conversion costs. Alpha introduces direct materials at the beginning of the production process. During March, a total of 15,000 units were started and a total of 20,000 units were completed. Alpha's ending WIP inventory had 3,000 units which were 70% complete 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)

Answer 1

Answer:see attached file

Step-by-step explanation:

Answer 2

Beginning units 8000 Transferred out 20,000

Started intro production 15000 Ending units 3,000

23000 23000

Equivalent units Material Conversion

Units transferred A 20000 20000

Ending Units 3,000 3,000

Completion 100% 70%

B 3000 2100

Total units 23000 22100